Rendering of 110 Bergen Turnpike. Designed by CPA Architecture

SCALE Lending Provides $75M Bridge Loan For 110 Bergen Turnpike In Little Ferry, New Jersey

7:00 am on August 13, 2024 By Max Gillespie

SCALE Lending, the debt financing arm of Slate Property Group, has finalized a $75 million bridge loan to Capodagli Property Company, a family-owned real estate development and management firm based in New Jersey. The financing will support the completion, lease-up, and stabilization of 110 Bergen Turnpike, a two-building development in Little Ferry, New Jersey. The project was designed by CPA Architecture.

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Permits Filed for 138-30 Northern Boulevard in Flushing, Queens

6:30 am on August 13, 2024 By Vanessa Londono

Permits have been filed for a 14-story community facility building at 138-30 Northern Boulevard in Flushing, Queens. Located between Union Street and Bowne Street, the lot is a short walk to the Main Street subway station, serviced by the 7 train. Linzhong Zhuo is listed as the owner behind the applications. The developer also filed permits for a 19-story residential building at 138-32 Northern Boulevard in 2022.

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ODA’s 126 East 57th Street Nears Topping Out in Midtown East, Manhattan

8:00 am on August 12, 2024 By Michael Young

Construction is close to topping out at 126 East 57th Street, a 28-story residential tower rising on Billionaires’ Row in Midtown East, Manhattan. Designed by ODA Architecture and developed by MRR Development under the MRR 1326 LLC, the 346-foot-tall structure will yield 147 condominium units with an average scope of 1,156 square feet, as well as 5,000 square feet of lower-level retail space. ODA is also serving as the interior designer and Plaza Builds is the general contractor for the ground-up property, which is located at the corner of East 56th Street and Lexington Avenue, and includes a narrow panhandle extension to East 57th Street.

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354-360 West 52nd Street Tops Out Over Hell’s Kitchen, Manhattan

7:30 am on August 12, 2024 By Michael Young

Construction is now topped out at 354-360 West 52nd Street, the site of a seven-story residential building in Hell’s Kitchen, Manhattan. Designed by Architecture Outfit and developed by Cadence Property Group, HOH Capital Partners, and Deal Lake Capital, the 66-foot-tall structure will span 55,000 square feet and yield 32 condominium units in one- to three-bedroom layouts. Titanium Construction Services is the general contractor for the project, which is located between Eighth and Ninth Avenues.

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222 E. Broadway. Rendering by Binyan Studios

222 East Broadway Relaunches As 222 LES Tower + Lofts on the Lower East Side of Manhattan

7:00 am on August 12, 2024 By Max Gillespie

Optimum Asset Management, a real estate investment and development firm, has announced the rebranding and relaunch of 222 East Broadway on Manhattan’s Lower East Side. The building, which is nearing completion, is being relaunched as 222 LES Tower + Lofts. The sales and marketing for the development will now be led by Corcoran Sunshine Marketing Group.

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