MEPT and Bentall Kennedy Announce Apartment Development at 309 Fifth Avenue in ...
01.01.70
/PRNewswire/ --
Multi-Employer Property Trust (MEPT) ( www.mept.com ), along with its real estate advisor, Bentall Kennedy, is pleased to announce plans to develop a 35-story, 165-unit apartment building in Manhattan. MEPT, a $5.3 billion open-end commingled real estate equity fund, has committed over $100 million in equity to build the project. Bentall Kennedy, on behalf of MEPT, will work with an experienced project team, including Urban Development Partners as Developer, Lend Lease as General Contractor and SLCE Architects as Project Architect.
Located at 309 Fifth Avenue, on the east side of Fifth Avenue between E. 31st and 32nd Streets, the project has a modern, functional and innovative design intended to provide a wide variety of amenities and features for residents. The building will total 122,000 square-feet, including 10,400 square feet of retail space on the street and basement levels. The building will provide 24-hour doorman/concierge services, a well-equipped fitness center, bike storage, a rooftop landscaped terrace, and convenient access to four subway stations and Penn Station. The residential units will feature stainless steel appliances, in-unit stacked washer-dryers, hardwood floors, individually controlled heating and cooling units, and nine-foot ceilings. In addition, many units will have cityscape views, including views of the Empire State Building.
Source: Sacramento Bee
Early Morning Dryer Fire Extinguished Quickly in Waukesha
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When Waukesha Alderman Vance Skinner’s smoke detectors went off while he was sleeping early Monday morning, the next few minutes turned into a nightmare.
Hoping they had simply left food in the oven, Skinner said his partner went downstairs to locate the cause of the fire.
“There was no smoke downstairs,” he said.
They soon located the fire in the upstairs bathroom and tried to put it out with a fire extinguisher. They couldn’t put it out, so they got their girls and the dog out of the house, grabbing their wallets on the way out.
“The fire department was here very fast,” Skinner said. “…We just stood in our driveway and watched while they did their thing. They did a fantastic job – very accommodating and made us feel reassured.”
During the last 12 hours, Skinner said his family has received an outpouring of community support, especially from the neighbors, city employees and Carroll University. The family will be staying at hotel the next few days as the damage is fixed.
Source: Patch.com