Mixed-Use

Rendering of 258-278 8th Avenue - Courtesy of JJ Operating

Lenders Confirm $183M Financing Package for 258-278 Eighth Avenue in Chelsea, Manhattan

Square Mile Capital and Pacific Western Bank are set to provide $183 million in construction financing for a 12-story mixed-use property at 258-278 Eighth Avenue in Chelsea, Manhattan. A new Target retail store will occupy 28,000 square feet of the building’s lower levels. Above these floors, the development will house 190 rental apartments and associated amenities.

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New Renderings Released for The Alloy Block at 80 and 100 Flatbush Avenue, in Downtown Brooklyn

A new series of street-level and aerial renderings have been revealed for The Alloy Block, a two-tower mixed-use development designed and developed by Alloy Development and located at 80 Flatbush Avenue and 100 Flatbush Avenue on the border of Downtown Brooklyn and Boerum Hill. Renderings depict the 482-foot-tall 100 Flatbush Avenue, a 44-story edifice being built in phase one at the corner of Flatbush Avenue and State Street, which will be the city’s first all-electric tower.

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23-20 Jackson Avenue’s Scaffolding Begins Disassembly in Long Island City, Queens

Exterior work is nearing completion on 23-20 Jackson Avenue, a nine-story mixed-use building in Long Island CityQueens. Designed by KSQ Architects and developed by The Vorea Group, the project will yield 85,851 square feet with retail space, offices, and a 72-room hotel operated by San Francisco-based hotelier Sonder Corp. The property is located at the intersection of Jackson Avenue and Pearson Street.

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