Bruman Realty

Rendering of 26-25 Fourth Street - J Frankl Associates

Developers Secure $65.9M for 165-Unit Building at 26-25 Fourth Street in Astoria, Queens

SCALE Lending recently provided $65.9 million in financing to facilitate the completion of a new 19-story residential building at 26-25 Fourth Street in Astoria, Queens. Designed by J Frankl Associates and developed by Bruman Realty, the 289,000-square-foot structure will stand 204 feet tall and yield 165 rental apartments, 38,000 square feet of retail space, and a 101-vehicle parking garage on a lot between 26th and 27th Avenues.

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Updated rendering of 260 Gold Street - J Frankl Associates

260 Gold Street Completes Construction in Downtown Brooklyn

Construction is now fully complete on 260 Gold Street, a 13-story residential building in Downtown Brooklyn. Designed by J Frankl Architects and developed by Bruman Realty, which recently secured a $145 million refinancing package from Square Mile Capital Management, the nearly 260,000-square-foot structure yields 287 rental apartments and features a four-story atrium with an indoor waterfall. The property is bound by Gold Street to the east, Tillary Street to the south, and Duffield Street to the west.

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1056 Manhattan Avenue in Greenpoint, Brooklyn. All images courtesy of NYC Housing Connect

Housing Lottery Launches for 1056 Manhattan Avenue in Greenpoint, Brooklyn

The affordable housing lottery has launched for 1056 Manhattan Avenue, a seven-story mixed-use building in Greenpoint, Brooklyn. The 56,746-square-foot development is developed by Bruman Realty and will yield 90 units. Available on NYC Housing Connect are 27 units for residents at 80 to 130 percent of the area median income (AMI), ranging in eligible income from $45,086 to $139,620.

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