Construction is now underway at 111 Willoughby Street, a 40-story residential tower in Downtown Brooklyn. Designed by GF55 Architects and developed by The Michaels Organization and joint-venture partners Triangle Equities and Geolo Capital, the 437-foot-tall building will yield 205,000 square feet and 227 rental homes.
L+M Development Partners, Bluestone Organization and Triangle Equities have closed on $30.3 million in financing to complete the first phase of Arverne East, a forthcoming master-planned community in the Rockaways.
Triangle Equities has announced an expedited construction plan for their Terminal Logistics Center by the John F. Kennedy Airport. Located at 130-24 South Conduit Avenue in South Ozone Park, Queens, the building will be a multi-tenant hub for air and ground cargo. Groundbreaking has been moved forward to the middle of 2019.
Beach Green Dunes Phase II has officially broken ground, representing the city’s continued investment to rehabilitate Far Rockaway following the devastation of Hurricane Sandy. The development will contain 127 rental units, which will be designated affordable housing for very low, low, and moderate income residents. The project will also contain 3,000 square feet of retail area and a parking structure designed to accommodate 50 motor vehicles.
After a decade of delays, Triangle Equities finally landed financing and broke ground last month on Lighthouse Point, a sprawling mixed-use project next to the St. George Ferry Terminal on Staten Island. Now, YIMBY has new images of the residential, retail, and office complex under construction on the North Shore.