RYBAK Development has successfully secured a $71 million construction loan for The Austin, a new condominium project located at 78-29 Austin Street in Forest Hills, Queens. JLL Capital Markets facilitated the financing for the project from Valley National Bank.
Permits have been filed to expand a two-story structure into a six-story mixed-use building at 855 53rd Street in Sunset Park, Brooklyn. Located between 8th and 9th Avenues, the interior lot is near the 8th Avenue subway station, serviced by the N train. Raymond Liu is listed as the owner behind the applications.
YIMBY spotted a new rendering amidst excavation at 280 Eighth Avenue, an upcoming 10-story mixed-use residential building in Chelsea, Manhattan. Designed by SLCE Architects and developed by Red Apple Group under the RA 280 Development LLC, the future 113-foot-tall structure will yield 58,021 square feet. Components include 52,432 square feet designated for residential space split among 64 rental units averaging 819 square feet apiece, 4,642 square feet for commercial space, 947 square feet for community facility space, a cellar level, and a 24-foot-long rear yard. Archstone Builders, LLC is the general contractor for the property, which is situated at the corner of Eighth Avenue and West 24th Street.
Permits have been filed for an eight-story mixed-use building at 2611 Pitkin Avenue in East New York, Brooklyn. Located between Logan Street and Fountain Avenue, the lot is three blocks from the Euclid Avenue subway station, serviced by the A and C trains. Housing Works is listed as the owner behind the applications.
Construction is complete on Maison Hudson, an eight-story, seven-unit hotel-rental building at 401 West Street on the Hudson River waterfront in Manhattan’s West Village. Designed by Thomas Juul Hansen and Hill West Architects and developed by Wainbridge Capital, Vector Building Corporations was the general contractor for the project, which is located on an interior lot between West 10th and Charles Streets, across from Hudson River Park and the Christopher Street Pier. Erin Boisson Aries of Douglas Elliman Developement Marketing is in charge of leasing and marketing the rooms and single penthouse unit at the property.
