Residential

Rendering of 57 Alexander Street - Rose Associates

Yonkers IDA Approves $177.3 Million in Construction Financing for 57 Alexander Street

Construction is expected to break ground soon at 57 Alexander Street, a 440-unit residential building in Yonkers, New York, following approvals for a major financing package valued at $177.3 million. The deal was approved by the Yonkers Industrial Development Agency, a public benefit corporation that provides business incentives to enhance economic growth in the City of Yonkers.

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1209-1213 1st Avenue in Lenox Hill, Manhattan

Demo Permits Filed for 1209-1213 First Avenue in Lenox Hill, Manhattan

Full demolition permits have been filed for three buildings, a four-story and two five-story structures at 1209-1213 First Avenue in Lenox Hill, Manhattan. The mixed commercial and residential buildings are part of an assembled 13,000-square-foot lot, owned by Kamran Hakim under the 1205-1215 First Avenue Annex, with a total of 138 residential units and 15 commercial units. It is unclear what plans are in store, as no new construction permits have been filed yet. Peter Tauberer, PE is listed as the applicant of record for all three permits.

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Rendering of Avalon Tower at 444 Washington Boulevard in Jersey City

Renderings Revealed for 70-Story Avalon Tower at 444 Washington Boulevard in Jersey City

Renderings have been revealed of Avalon Tower, a 70-story skyscraper that will be one of the tallest structures to rise in Jersey City and all of the state. Approved last month, the 950-unit building will be located at 444 Washington Boulevard near the Hudson River Waterfront Walkway. The developer, known as Tower Cove Jersey City Urban Renewal, plans to build the tower on the northwest corner of the site, which is currently occupied by a parking lot. Part of the project includes public spaces called the East Coast Greenway Plaza and Overlook Plaza along Thomas Gangemi Drive that will offer Manhattan skyline views, a pedestrian terrace, a children’s play area, and a dog run.

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175 Palmetto Street in Bushwick, Brooklyn

Permits Filed for 175 Palmetto Street in Bushwick, Brooklyn

Permits have been filed for a four-story residential building at 175 Palmetto Street in Bushwick, Brooklyn. Located between Central Avenue and Wilson Avenue, the lot is three blocks from the Myrtle-Wyckoff Avenues subway station, serviced by the L and M trains. Yisroel Greenfeld under the 177 Palmetto Apartment LLC is listed as the owner behind the applications.

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