Office

JEMB Secures $235 Million Construction Loan for One Willoughby Square in Downtown Brooklyn

In the heart of downtown Brooklyn, just off of Flatbush Avenue and adjacent to the City Point complex, One Willoughby Square, also known as 1WSQ or 420 Albee Square, is now on track to become the tallest Class A office tower in Brooklyn. A $235 million construction loan has now been approved and secured from Otera Capital, a Canadian real estate lending company. JEMB is the developer of the upcoming office project.

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“The Warehouse,” Designed by Morris Adjmi, Rising at 520 West 20th Street in West Chelsea

As if the High Line is not already filled with enough unique and interesting structures that stretch the nearly 1.5 mile long public park, another interesting building is under construction, and rising off the ground. Located at 520 West 20th Street on the western side of the High Line, the future site of, “The Warehouse,” designed by Morris Adjmi and developed by Elijah Equities, has been making good progress in the West Chelsea neighborhood.

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Trinity Church’s Office Tower at 68-74 Trinity Place Making Headway in the Financial District

The steel superstructure for 68-74 Trinity Place is now rising quickly into the Financial District’s neighborhood skyline. Designed by Pelli Clarke Pelli Architects, with Stephen B. Jacobs Group as the executive architect, the 26-story building is being developed by Trinity Real Estate, and will include around 310,000 square feet of rentable office space that will start from the seventh floor and continue up to the top of the nearly 500-foot-tall tower.

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