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Rendering of 110 Bergen Turnpike. Designed by CPA Architecture

SCALE Lending Provides $75M Bridge Loan For 110 Bergen Turnpike In Little Ferry, New Jersey

7:00 am on August 13, 2024 By Max Gillespie

SCALE Lending, the debt financing arm of Slate Property Group, has finalized a $75 million bridge loan to Capodagli Property Company, a family-owned real estate development and management firm based in New Jersey. The financing will support the completion, lease-up, and stabilization of 110 Bergen Turnpike, a two-building development in Little Ferry, New Jersey. The project was designed by CPA Architecture.

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Permits Filed for 138-30 Northern Boulevard in Flushing, Queens

6:30 am on August 13, 2024 By Vanessa Londono

Permits have been filed for a 14-story community facility building at 138-30 Northern Boulevard in Flushing, Queens. Located between Union Street and Bowne Street, the lot is a short walk to the Main Street subway station, serviced by the 7 train. Linzhong Zhuo is listed as the owner behind the applications. The developer also filed permits for a 19-story residential building at 138-32 Northern Boulevard in 2022.

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ODA’s 126 East 57th Street Nears Topping Out in Midtown East, Manhattan

8:00 am on August 12, 2024 By Michael Young

Construction is close to topping out at 126 East 57th Street, a 28-story residential tower rising on Billionaires’ Row in Midtown East, Manhattan. Designed by ODA Architecture and developed by MRR Development under the MRR 1326 LLC, the 346-foot-tall structure will yield 147 condominium units with an average scope of 1,156 square feet, as well as 5,000 square feet of lower-level retail space. ODA is also serving as the interior designer and Plaza Builds is the general contractor for the ground-up property, which is located at the corner of East 56th Street and Lexington Avenue, and includes a narrow panhandle extension to East 57th Street.

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354-360 West 52nd Street Tops Out Over Hell’s Kitchen, Manhattan

7:30 am on August 12, 2024 By Michael Young

Construction is now topped out at 354-360 West 52nd Street, the site of a seven-story residential building in Hell’s Kitchen, Manhattan. Designed by Architecture Outfit and developed by Cadence Property Group, HOH Capital Partners, and Deal Lake Capital, the 66-foot-tall structure will span 55,000 square feet and yield 32 condominium units in one- to three-bedroom layouts. Titanium Construction Services is the general contractor for the project, which is located between Eighth and Ninth Avenues.

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