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Rendering of Arris Grand. Designed by Fogarty Finger

Refinancing Loan Secured For Arris Grand at 445 Grand Avenue In Clinton Hill, Brooklyn

Haussmann Development has secured a $49.5 million refinancing loan for Arris Grand, a mixed-use development at 445 Grand Avenue in Clinton Hill, Brooklyn. The loan, provided by QuadReal Property Group, replaces a $46 million construction loan from Scale Lending. Haussmann made a controlling minority investment in the property in 2024, overseeing the refinancing and serving as the local operating partner.

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The Duchess Wraps Up Construction at 300 East 83rd Street on Manhattan’s Upper East Side

Construction is wrapping up on The Duchess, a 22-story residential building at 300 East 83rd Street in the Yorkville section of Manhattan’s Upper East Side. Designed by SLCE Architects and developed by Lalezarian Properties, the 235-foot-tall structure spans 93,682 square feet and yields 70 rental units, as well as ground-floor retail space. A portion of the residential inventory will be designated for affordable housing. The property is alternately addressed as 1594-1598 Second Avenue and located at the corner of East 83rd Street and Second Avenue.

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Photograph of Marq Teaneck. Credit: CoStar Group, Inc.

First Phase Of Marq Teaneck Completes Construction In Teaneck, New Jersey

Malas Development has completed the first phase of construction for The Marq Teaneck, a rental community located at 329 Alfred Avenue in Teaneck, New Jersey. A ribbon-cutting ceremony was held to commemorate the launch, with Teaneck mayor Mark Schwartz and other community leaders in attendance. Designed by CPA Architecture, the six-story building yields 256 residences, including 38 affordable housing units. Its second phase is set to begin construction in early May, and will add 248 additional units at 359 Alfred Avenue.

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