Sanz Management has closed on $52.5 million to complete The Braddock, a 135-unit rental property in North Bergen, New Jersey. The development site is located at 8619 Bergenline Avenue and will also include a 152-vehicle parking garage and 2,400 square feet of retail space.
The floating rate loan was supplied by Hall Structured Finance.
Renderings of the building depict an 11-story structure with a pale tan and gray façade, recessed balconies, private terraces fronting several setback areas, and a roof deck with glass railings. Tenant amenities will include a rooftop lounge, a business center, a cafe, and fitness center. The parking garage will occupy the first three floors of the building.
An anticipated date of completion has not been announced.
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Trainwreck.
I don’t know of any green space and trees along that Avenue… Too bad no pictures where included to see what the site really looks like.
@GardenViewNYC James Braddock Park is directly across the street from this site