Queens




The Yellowstone, courtesy of Aufgang Architects

Developers Secure Refinancing for The Yellowstone at 69-65 Yellowstone Boulevard in Forest Hills, Queens

Slate Property Group, in collaboration with Grobman Gross Properties, has finalized a $97 million refinancing deal for The Yellowstone, a recently completed 11-story residential building at 69-65 Yellowstone Boulevard in Forest Hills, Queens. The refinancing, which will be provided by Apollo Global Real Estate Management L.P., will be used to settle the building’s existing debts and support its financial structure.

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Render of 26-01 4th Street, courtesy of Lu Ning Architecture

Developer Secures Bridge Loan to Complete 26-01 4th Street In Astoria, Queens

Developers have secured a $60.25 million bridge loan to complete construction on 26-01 4th Street, a 13-story residential building in the Hallets Point section of Astoria, Queens. Designed by Lu Ning Architecture and developed by Ming’s Garden Realty LLC, the structure will yield 143 condominium units in studio to two-bedroom layouts, as well as a 40,034-square-foot community facility and 167 parking spaces. New Land Capital arranged the loan from Slate Property Group and LibreMax Capital for the property, which is located at the corner of 4th Street and 26th Avenue.

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