Jamaica

Rendering of Archer Towers at 163-05 Archer Avenue (Photos courtesy of Studio V Architecture)

BRP Companies, JLL Partner to Finance Construction of Archer Towers in Jamaica, Queens

BRP Companies has selected JLL Capital Markets as its partner in a joint venture equity agreement to finance the construction of Archers Towers in Jamaica, Queens. The project is valued at $286 million and will yield 605 rental units and a mix of residential amenities. Located at 163-05 Archer Avenue, the development will top out at 24 stories and comprise a total of 540,000 square feet. The residential component will be divided into 424 market-rate apartments and 181 mixed-income units. At this time, the specific income requirements or restrictions for the mixed-income units has not been revealed.

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170-13 89th Avenue in Jamaica, Queens

Permits Filed for 170-13 89th Avenue in Jamaica, Queens

Permits have been filed for a six-story residential building at 170-13 89th Avenue in Jamaica, Queens. Located between 170th Street and 171st Street, the lot is a short walk to the 169th Street subway station, serviced by the E and F trains. Karmul Khan under the Dawn of Jamaica LLC is listed as the owner behind the applications.

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