On January 15, Newark officials gathered with the development team to celebrate the completion of The Ballantine, a six-story residential building at 80 Freeman Street in the Ironbound section of Newark, New Jersey. Developed by Shorewood Real Estate Group in partnership with Bridge Investment Group, the $88 million project occupies the site of the former Ballantine Brewery and yields 280 units.
Permits have been filed for a four-story residential building at 477 Central Avenue in Bushwick, Brooklyn. Located between Jefferson Avenue and Cornelia Street, the lot is near the Halsey Street subway station, served by the J train. Mordechai Kahan is listed as the owner behind the applications.
Construction has partially topped out on 315 Grand Concourse, a 13-story residential building in Mott Haven, The Bronx. Designed by Fischer Makooi Architects for Yechial Lichtenstein of Mint Development Corp., the 134-foot-tall structure will span 192,026 square feet and yield 240 rental units with an average scope of 770 square feet, as well as 7,040 square feet of commercial space, a 44-foot-long rear yard, and enclosed parking for 82 vehicles. The property is located on a triangular parcel bound by Grand Concourse, Walton Avenue, and East 140th Street.
A new dining concept is set to open at The Wyldes, a residential project located at 1100 South 5th Street in Harrison, New Jersey. The concept, which is being led by Episcope Hospitality, will feature two separate restaurants based on the time of day: Keepers and Keepers Coffee. Developed by Advance Realty Investors, The Wyldes yields 399 units and approximately 70,000 square feet of amenity space.
Exterior work is progressing on 28 Herbert Street, a six-story mixed-use building in Williamsburg, Brooklyn. Designed by Pinner Architecture and developed in a collaboration between Pinner Development Group & Verde Development Group, the 75-foot-tall structure will span 31,600 square feet and yield 16 condominium units with an average scope of 1,259 square feet, as well as 6,250 square feet of community facility space, 4,600 square feet of ground-floor retail, and below-grade parking for nine vehicles. The property is located at the corner of Herbert and Humboldt Streets.
