News
Shorewood Real Estate Group Announces Transformative $88M Mixed-Use Project in Newark
May 14, 2022
Shorewood Real Estate Group, in partnership with Bridge Investment Group –announced the start of construction on a six-story, midrise, mixed-use facility at the site of the former Ballantine Brewery in Newark, 80 Freeman Street.
The new $88 million project will offer 280 residential units, including on-site affordable housing, 2600 s/f of retail space, and 125 below-grade parking spaces. An additional contribution will also be made to Newark’s affordable housing trust fund.
Affordable Housing Lottery Launches For 95 Units At One Archer In Jamaica, Queens
February 20, 2022
The affordable housing lottery has launched for One Archer, a 24-story residential building at 160-05 Archer Avenue in Jamaica, Queens. Designed by Hill West Architects and developed by Shorewood Real Estate Group, the structure yields 315 residences and 131,282 square feet of ground-floor retail. Available on NYC Housing Connect are 95 units for residents at 130 percent of the area median income (AMI), ranging in eligible income from $53,143 to $167,570.
Shorewood plans 227K-sqft mixed-use project in Jackson Heights
July 26, 2021
Shorewood Real Estate Group is cooking up a mixed-use development at the site of a Food Bazaar in Jackson Heights.
Shorewood filed plans with the Department of Buildings for a six story, 227,000 square foot development at 34-20 Junction Boulevard. The project would include 125 residential units and 108 parking spots, according to Crain’s.
11-Story Mixed-Use Development Coming to Bed-Stuy Grocery Site
April 23, 2021
A grocery on the border of the Bedford-Stuyvesant and Bushwick neighborhoods will be closed for two years before reopening in the ground floor of a new, 11-story mixed-use building. The site will also be subject to environmental remediation.
The project does not require a rezoning. But BOGOPA, along with developer Shorewood Real Estate Group, is taking advantage of two city programs that allow it to build slightly taller than the site’s C4-4L/R6B zoning would otherwise allow.