JLL Capital Markets


Aerial rendering of 499 Summit Avenue

Developers Break Ground at 499 Summit Avenue in Jersey City

Construction has commenced at 499 Summit Avenue, the site of a 53-story residential skyscraper in the Journal Square section of Jersey City. Led by Panepinto Properties and AJD Construction and designed by HLW International, the tower will contain 605 rental apartments, 3,200 square feet of retail space on the lower floors, and a parking garage. While the full amenity package has not been announced, renderings of the building reveal a roof deck above the podium level with a large communal terrace, outdoor lounge space, and planters. The development will also create a new public plaza.

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Aerial view of the development assemblage at 354 and 360 West 52nd Street in Hell's Kitchen, Manhattan

Developers Secure $41.5M Financial Package for Condo Building at 360 West 52nd Street in Hell’s Kitchen

JLL Capital Markets has arranged a $41.5 million financial package for a trio of developers to complete a new condominium tower at 360 West 52nd Street in Hell’s Kitchen, Manhattan. The development team includes Cadence Property Group, HOH Capital Partners, and Deal Lake Capital, who also purchased an adjacent site at 354 West 52nd Street.

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