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New Housing in Harlem
Construction has begun on Triangle III, which will transform
eight vacant, city-owned lots on St. Nicholas Avenue between
119th and 110th streets into three new buildings containing
a total of 187 units of new multi-family housing with 97 units
preserved for low-income tenants. Artimus Construction Inc.
is developing the $17.1 million project with financing from
the Community Preservation Corp. and the New York City Housing
Development Corp. Completion is expected late next year.
Big Distribution Center in Meadowlands
The steel is up and completion is expected shortly on the
Meadowlands Distribution Center in Carlstadt, N.J. The $30
million project, a joint venture of ORIX Real Estate Equities
Inc. and RREEF, will result in a 334,175-sq.-ft. "big
box" distribution center, one of the few in Northern
New Jersey. The center, which has been designed and is being
built by CSR Group of Nutley, N.J., will be a single story
building constructed of insulated pre-cast concrete panels
with 32-ft. ceilings. It will include one loading dock for
each 7,500 sq. ft. of warehouse space, on-site rail service,
trailer parking and space for 386 cars.
New Housing in Kew Gardens
Manhattan-based VJB Construction Corp. has broken ground on
the Estate of Kew Gardens, a new $109 million multi-family building
being developed by the Dermot Co. and financed by the AFL-CIO
Housing Investment Trust. The 537,000-sq.-ft. project at 75-25
153rd St. will consist of two identical L-shaped towers and
will contain 390 units, 78 of which will be reserved for low-income
families. It will have 482 underground parking spaces and 10,000
sq. ft. of community space. The buildings will be constructed
of post-tension reinforced concrete; the façade will
consist of pre-fabricated brick panels. Completion is expected
in February 2005.
New Housing in Soho
The first new-construction residential building in Soho in nearly
two decades is rising at 25 West Houston St. The nine-story
building will take up the entire block between Mercer and Greene
streets. Developed by Metropolitan Housing Partners LLC, at
a cost of $35 million, the building will feature loft-like condos
at a cost of between $1.1 million and $4.5 million each. The
architect is H. Thomas O’Hara. DeSimone Consulting Engineers
is the structural engineer and the façade design was
designed by Beyer, Blinder, Belle Architects & Planners
LLP. "Soho 25" is scheduled to be completed by the
spring of next year and is already 65 percent sold. The general
contractor is Manhattan-based Gotham Construction Corp.
New Housing on East Side
More housing for New York’s wealthy has just been completed
at the corner of 51st Street and First Avenue. The Grand Beekman,
developed by Izak Senbahar and Simon Elias and designed by
Costas Kondylis & Partners, rises 32 stories and contains
89 condos ranging in cost from $575,000 to $4.75 million.
Demolition of the two nearly 100-year old buildings previously
occupying the site began in April of 2001 and residents will
begin moving in this fall. The general contractor was the
NYC HRH Construction Corp.
Senior Housing on the Hudson
Andron Construction Corp. of Goldens Bridge N.Y. has begun
work on "Kendal on Hudson," a $150 million senior
housing project on 22 acres leased from Phelps Memorial Hospital
on the banks of the Hudson River in Sleepy Hollow, N.Y. The
developer is Kendal on Hudson Inc., a joint venture formed
by Kendal Corp., a non-profit Quaker organization based in
Kennett Square, Pa., and Phelps Memorial Hospital. The architect
is Perkins Eastman of New York City. "Kendal on Hudson"
will provide housing for up to 380 seniors in four buildings
that will total 450,000 sq. ft. The buildings will range in
height from two to five stories and all the buildings will
be linked by enclosed walkways.
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