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The $300 million, ultra-luxury mixed use tower will include condominium residences, and long- and short-term residences with separate lobbies and entrances.
In addition to 801 Washington Ave, Sitex recently added two warehouse/distribution facilities in New York – one in Queens and one in Long Island City – to its portfolio.
At a press conference in Albany on Monday, Gov. Cuomo and State Comptroller Thomas P. DiNapoli revealed that estimated sales tax revenues in the past two months were down a total of $2.3 billion from estimates.
The expansion of the existing P3 between Howard University and Corvias increases the scope of the arrangement to 3,009 beds, $144 million in capital raised, a total of $1.7 billion in total economic impact and $39.5 million in debt defeasance.