Slate Property Group

Rendering of 159 Boerum Street - Aufgang Architects

Developers Secure $55M Loan for 159 Boerum Street in East Williamsburg, Brooklyn

Slate Property Group and Avenue Realty Capital have closed on a $55 million loan to complete a 19-story residential building at 159 Boerum Street in East Williamsburg, Brooklyn. Designed by Aufgang Architects, the 80,000-square-foot structure will yield 120 units, with 19 reserved for affordable housing. Amenities will include a fitness center, a roof deck, a parking garage, and bike storage. The property is located between Graham Avenue and Humboldt Street.

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445 Grand Avenue’s Façade Progresses in Clinton Hill, Brooklyn

Exterior work is progressing on 445 Grand Avenue, a nine-story residential building in Clinton Hill, Brooklyn. Designed by Fogarty Finger and developed by Ranger Properties, the 110-foot-tall structure will yield 120,809 square feet with 113 rental units, 7,652 square feet of ground-floor retail space, and a 4,362-square-foot community center for the Seventh Day Adventist Church. Thirty percent of the homes will be designated as affordable housing. KD Sagamore Capital is listed as the owner and Titanium Construction Services is the general contractor for the property, which is located at the corner of Grand Avenue and Fulton Street.

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