Triangle Equities

Arial rendering of Arvene East - Bernheimer Architecture; Local Office Landscape & Urban Design

Developers Secure $44.7M to Complete Infrastructure Improvement Project in Arverne, Queens

L+M Development Partners, Bluestone Organization, and Triangle Equities have closed on $44.66 million in financing to complete a major infrastructure improvement project in Arverne, Queens, a small coastal neighborhood on the Rockaway Peninsula. The financing will cover the reconstruction of Edgemere Avenue between Beach 32nd and Beach 38th Streets, critical infrastructure improvements to the surrounding neighborhood, and the completion of Arverne East, a 1,650-unit master-planned community.

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Aerial view of Beach Dunes III at 331 Beach 35th Street - Bernheimer Architecture

Developers Secure $95.7M for Beach Green Dunes III at 331 Beach 35th Street in Far Rockaway, Queens

L+M Development Partners, Triangle Equities, and The Bluestone Organization have closed on a $95.7 million loan to complete Beach Dunes III, a mixed-use affordable housing property on the border of Edgemere and Far Rockaway in Queens. Located at 331 Beach 35th Street, the building will include 146 mixed-income apartments, 2,100 square feet of commercial space, and a 1,160-square-foot community center.

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Rendering of The Crossings at Brick Church Station

Developers Secure $317M to Complete The Crossings at Brick Church Station in East Orange, New Jersey

Developers have secured $317 million in financing to complete phase one of The Crossings at Brick Church Station in East Orange, New Jersey. Anchored at 533 Main Street, the two-phase development is referred to simply as The Crossings and will comprise around 200,000 square feet of retail and commercial space, 820 mixed-income apartments, public outdoor space, a parking garage for 1,200 vehicles, and additional surface-level parking spaces.

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Demolition Complete for 40-Story Tower at 111 Willoughby Street in Downtown Brooklyn

Demolition is complete at 111 Willoughby Street, the site of a 40-story residential tower in Downtown Brooklyn. Designed by GF55 Architects and developed by The Michaels Organization, Triangle Equities, and Geolo Capital, the 437-foot-tall structure will yield 205,000 square feet with 227 rental units, a 20,000-square-foot ministry center for the St. Boniface parish, and 1,814 square feet of commercial space. ZDG is the general contractor for the property, which is located by the intersection of Willoughby Street to the south and Duffield Street to the east.

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