Brooklyn

JEMB Secures $235 Million Construction Loan for One Willoughby Square in Downtown Brooklyn

In the heart of downtown Brooklyn, just off of Flatbush Avenue and adjacent to the City Point complex, One Willoughby Square, also known as 1WSQ or 420 Albee Square, is now on track to become the tallest Class A office tower in Brooklyn. A $235 million construction loan has now been approved and secured from Otera Capital, a Canadian real estate lending company. JEMB is the developer of the upcoming office project.

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69 Dupont Street Northwest view, rendering via ODA Architecture

Rendering Revealed, Permits Filed for 26 Clay Street & 69 Dupont Street in Greenpoint, Brooklyn

Permits have been filed for a six-story development on two connected lots, 26 Clay Street and 69 Dupont Street, in Greenpoint, Brooklyn. The development is eleven blocks from the Greenpoint Subway Station, serviced by the G train. Nine blocks away is the East River ferry, which connects the Brooklyn waterfront with Midtown and Downtown Manhattan. Yoel Schwimmer is listed as responsible for the applications.

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