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CIM Wraps Construction on Crown Heights Condos
CIM Group completed construction of 111 Montgomery, reportedly the first newly built, full-service luxury condominium in Brooklyn’s Crown Heights neighborhood. 111 Montgomery has officially commenced unit closings at the 12-story, 163-unit building, which CIM co-developed with LIVWRK.
“With 111 Montgomery, CIM Group applied its expertise of owning, operating, and developing projects to enhance the evolving Crown Heights neighborhood as well as provide attractive residential ownership options for New Yorkers,” said Jason Schreiber, principal, investments of CIM Group.
For more than a decade, CIM has been an owner, operator, developer, and lender of real assets in New York City with properties including 432 Park Avenue condominiums, 11 Madison office building, 15 William condominiums, 1440 Broadway office building, 16 Court office building, The Dominick Hotel, and the Front & York residential and retail development in DUMBO.
- ◦Development
