Residential


Haussmann Development Secures $40.75 Million Construction Loan for Mixed-Income Project in Manhattanville

Haussmann Development is moving forward on a new residential building at 16-20 Convent Avenue, closing on a $40.75 million construction loan from Affinius Capital in partnership with Axonic Capital. INPUT is the interior designer for the 84-unit mixed-income building, which will be located in Manhattanville on a prominent corner site near Columbia University’s expanding campus. Construction is expected to be completed in early 2028.

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Red Hook, Brooklyn. Photo by Michael Young.

New Residential And Commercial Projects Underway in Red Hook, Brooklyn

YIMBY recently visited Red Hook, Brooklyn to check in on five low-rise residential and commercial buildings under construction. The projects are all located west of Dwight Street in the northern end of the district, within walking distance of the Red Hook ferry terminal, and are emblematic of the city’s steady transformation of former industrial areas into vibrant mixed-use communities.

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