Construction at 70 Schermerhorn Street in Brooklyn Heights, Brooklyn is now above street level. The 12-story condominium is being designed by Eugene Colberg and developed by Lonicera Partners and Orange Management.
70 Schermerhorn Street
A twelve-story condominium building has received funding for its imminent rise at 70 Schermerhorn Street, in Brooklyn Heights, Brooklyn. The announcement comes from JLL’s Capital Markets, who raised $42.1 million in joint-venture equity from a $512 million fund managed by The Davis Companies. The capital will be allocated for construction financing. Lonicera Partners and Orange Management are behind the project, and the news comes also comes with a rendering.