The Next Largest Real Estate Projects to be Undertaken in New York

According to an article originally reported on The Real Deal, during the month of September, the biggest permit applications were dominated by outstanding projects from major developers in building NYC apartments for sale. Leading the park was Vanderbilt by SL Green. The Somerset Partners and the Chetrit Group made a mark with their proposed pair of residential buildings that exceed a million square feet when combined. The projects will be carried out in Brooklyn, Bronx, and the Staten Island. Many of the rental buildings have their ground floors designed with retail space apart from the Catholic School building to be constructed in Manhattan and the senior living facility to be built in Staten Island.

SL Green eventually filed for its plan for its gigantic One Vanderbilt office tower. The tower will be located in Midtown near the Grand Central Station. It will be a 1.3 million square foot building with 67 stories. The first and third floors of the building will have retail spaces and the rest shall be offices. The Chetrit Group alongside Somerset Partners plan to construct adjacent two 25-story rental buildings in Mott Haven. The larger of the two located at 101 Lincoln Avenue will have approximately 784,176 square feet with 33,000 devoted to retail. Around 3,200 square feet will be devoted to community amenity with apartments taking the rest. Somerset and Chetrit also plan for a second building at the Mott Haven site. The building will be located at 2401 Third Avenue, Bronx and will occupy a space of 345,000 square feet.

In Brooklyn, Green Forest City Partners plan to add another structure in their 22-acre Prospect Heights Pacific Park Development. It will be a 26 story building that contains 323 rental units and a 616-seat public school. Halcyon Management is planning for a 19-story rental building at 27 West Street on the Green point waterfront. It will contain 234 units. Z&K filed an application for 11-story residential building on 1721 East 8th Street, Brooklyn. In addition, Anshel Friedman and Aaron Karpen filed plans for a 12-story rental building to be located at Park Slope. Other planned constructions will be done in the Bronx where L+M Development partners will build a 12-story rental building that is affordable at the 4439 Third Avenue.

Town Residential is a leading luxury real estate services company that is based in New York. Andrew Heiberger established it in 2010. The firm plays an important role in the New York real estate where it focuses on luxury residential marketing, leasing, and sales. The firm has a well-experienced team of workers. In addition, Town Residential has connections with the leading developers and contractors. These strengths enable it to provide unmatched services to its clients.

One comment

  1. Stephen Madrick says:

    The funny way to get around this is that Anshel Friedman and Aaron Karpen filed plans for a 12-story rental building. This will be the good because it will help the to order essay paper writing services. That is only way to get it done fast.

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