Arverne East development team begins const. on 320-unit mixed-use project
CONSTRUCTION, DESIGN & ENGINEERING Callahan Construction selected to oversee new residential community at Bay Terrace Shopping Center
QUEENS, NY The Arverne East de- velopment team, governor Kathy Hochul, the Dept. of Housing and Preservation have started construc- tion at Arverne East Building D, a 320-unit affordable mixed-use project, which will create 89 coop- erative homeownership units and 229 rental apartments in the Far Rockaway neighborhood. Building D is the third phase of the transformative Arverne East master plan and the first and larg - est residential building. Built on a vacant, oceanfront site that was impacted by Superstorm Sandy, the project includes cutting-edge sus- tainability and resiliency features. Arverne East Building D is developed by L+M Development Partners, Triangle Equities, The Bluestone Organization, Mega Development, and Urbane De- velopment. The cooperative homeown- ership units in the East Wing of Building D will be affordable to households earning between 80 to 100% of the Area Median Income. Designed to appeal to families of different sizes, there will be a mix of , one-, two-, and three-bedroom apartments, with seven homes de- signed for residents with mobility and sensory impairments, includ- ing five accessible apartments and two hearing-and vision-accessible apartments.
The West Wing of Building D will include 229 rental apartments, including 35 supportive homes set aside for youth aging out of foster care, and will offer a mix of studio, one-, two-, and three-bed- room homes affordable to families earning between 30-90% of Area Median Income. In the West Wing of the building, 17 homes will be designed for residents with mo- bility and sensory impairments, including 12 accessible apartments and five hearing-and vision-acces - sible apartments. The future residents of Building D will enjoy amenities such as a fitness center and bike storage room, as well as dedicated indoor and outdoor spaces in each wing. The development will include two superintendent units, parking at the building, and an additional residential parking lot to the west of Beach 38 th St. Arverne East
aims to be New York City’s first net-zero community and prioritizes sustainability and resiliency design elements to address the impacts Su- perstorm Sandy had and continues to have in the local community. Building D will be all-electric and fossil fuel-free. It will be built to passive house standards, and pursue certification through the Passive House Institute US, as well as have a roof-mounted solar photovoltaic system. The building will also be connected to theArveneEastdistrictgeothermal loop, which will provide Build- ing D - and all the Arverne East buildings - with efficient heating, cooling, and domestic hot water via ground source heat pumps. These technologies will work together to drastically lower the carbon footprint of the building and energy costs for residents of Building D and future Arverne East residents.
Courtesy of L+M Development Partners
and one-story building at 135 On- tario St., a former Albany County Land Bank-owned property, will add an additional two stories to the building and create 34 residential apartments. Renovation of 575 Bdwy.: An $18.6 million investment will transform 575 Bdwy., currently referred to as Peter Kiernan Plaza, reactivating one of the city’s most historic buildings. Redburn Devel- opment Partners plans to rename the building back to Union Station. The conversion of 54 State St.: A $26.5 million investment by Jankow Companies would support a large-scale residential conversion. The project plans to bring 120 market-rate apartments to downtown and is estimated to create at least 80 construction jobs. FOR FULL STORY VISIT NYREJ.COM available for residents along with modern building systems and a comprehensive suite of amenities, including rooftop terraces and outdoor gathering areas, resident lounges, a live-in superintendent, and a clubhouse designed to sup- port both work-from-home flexi - bility and community connection. “For more than 60 years, the Bay Terrace Shopping Center has been an integral part of the community, and has grown and changed to meet new needs,” said Joe Forgione, vice president at Cord Meyer Develop- ment. “This next phase builds on that legacy, transforming parking areas that typically see low usage into thoughtfully designed housing that advances the Bay Terrace’s potential as a vibrant, walkable community destination.” This marks the second project that Callahan has been chosen to oversee for Cord Meyer. Callahan is currently the general contractor on 70 Westchester, a Cord Meyer multifamily project under develop- ment in White Plains, NY. FOR FULL STORY VISIT NYREJ.COM
ALBANY, NY An $18.6 million project that will renew the site of the historic Union Station into a mixed-use multifamily residential development, a $4.8 million project to revitalize and convert the vacant building at 135 Ontario St. into a three-story multifamily residential development, and a $26.5 million project which would convert the 10-story 180,000 s/f downtown commercial office building at 54 State St. into 120 market-rate apartments with ground-floor com - mercial space were each approved toreceiveCityofAlbanyIndustrial Development Agency (IDA) sup- port. Three project applications were approved at the April City ofAlbany Industrial Development Agency (IDA) board meeting. Rehabilitation of 135 Ontario St.: The rehabilitation of the vacant QUEENS, NY Callahan Construction Managers (Callahan), a full-service construction management compa- ny headquartered in Bridgewater, MA, with offices in White Plains, NY, has been selected to manage construction of a new residential community at the Bay Terrace Shopping Center, marking its first project in New York City’s five boroughs. Callahan will work with developer Cord Meyer on the market-rate project. Following a recent multi-mil- lion-dollar investment in the nearby Bay Terrace shopping center, Cord Meyer is developing two five-story rental apartment buildings, one of which will be segmented to create a resident courtyard. The buildings will total 145 residences and are being constructed on currently underutilized upper-level parking areas off 26 th Ave. Apartments will include a mix of one-, two-, and three-bedroom layouts, many with private terraces or balconies and select first-floor homes with individual entrances. Below-ground parking will be
Westchester Crossing celebrates groundbreaking on mixed-use dev.
PORT CHESTER, NY State and local officials gather with real estate developers at the official ground - breakingceremonyatWestchester Crossing. Located at 406 Boston Post Rd., Westchester Crossing is a new mixed-use development comprised of seven buildings. The development will deliver more than 1,000 new apartments, 10% of which are designated as affordable. There will also be a hotel, 55+ housing, retail and green spaces.
Albany IDA to support the construction of three multifamily projects delivering over 200 units
Shown (from left) are : Michael Daly, Rafferty R.E., Stu Rabin, mayor Luis Marino of Port Chester, Empire State Development’s Hope Knight, Marc Ehrlich and Amy Rose of Rose Associates, Tracey Appelbaum of BedRock R.E. Partners, Marsha Gordon of the Business Council of Westchester, and Chuck Berman of BedRock R.E Partners.
Tarter Krinsky & Drogin adds Contos as partner to construction practice
tion industries and serves as outside general counsel to co- operatives and condominiums. He represents a broad range of clients, includ-
owners and operators; condomini- ums and cooperatives; construction management firms and general con - tractors; hotel owners and operators; non-profits; and other business enti - ties. With a practice spanning both litigation and transactional matters, Contos counsels clients through all phases of real estate projects, from contract negotiation and project planning through dispute resolution.
MANHATTAN, NY Tarter Krinsky & Drogin has welcomed Michael Contos as a partner in its nationally ranked construction practice, further strengthening the group during a period of sustained expansion for the firm and continued growth in client demand across its core practice areas. Contos advises clients in the commercial real estate and construc-
Michael Contos
ing commercial, institutional and residential real estate developers,
NEW YORK
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