Jamaica
Shorewood, Bridge Snare $88M Financing for Jamaica MF
A partnership of Shorewood Real Estate Group and Bridge Investment Group closed on an $88-million loan to finance the construction of 1 Archer… Read more
CushWake Signs 40K-SF of Leases at Queens Logistics Center
Cushman & Wakefield arranged more than 40,000 square feet of new leases at the Queens Logistics Center, a multi-story industrial… Read more
Warehouse Demand Moves Closer to the CBD
Once thought of largely as opportunities for conversion to residential lofts and open offices, the close-in urban warehouse is having… Read more
City Launches Marketing Campaign Touting Jamaica’s Growth
New York City Economic Development Corporation (NYCEDC) and the Jamaica NOW Leadership Council launched a citywide, 13-week long marketing campaign… Read more
Shorewood, Bridge, Capricorn Partner on $155M O-Zone Project
Shorewood Real Estate Group has formed a $155-million Opportunity Zone partnership with Bridge Investment Group LLC and Capricorn Investment Group LLC. The… Read more
Dual-Branded Marriott Gets $58M Takeout Financing
Meridian Capital Group arranged $58.5 million in financing to take out a construction loan on a dual-branded Marriott Courtyard and… Read more
Community Office Opens in Connection with JFK Expansion
The JFK Redevelopment Community Information Center, a community outreach office, has opened in Jamaica, Queens. The office, serving as local… Read more
CushWake Lines Up Financing from Lightstone on Jamaica Site
Cushman & Wakefield advised Great Atlantic Construction Inc. in procuring $13.4 million in financing for two adjacent development sites in… Read more
CBRE Markets 2 Parcels in Queens, 1 in Brooklyn
CBRE has been hired to market three prime development sites in Queens and Brooklyn by owner Majestic Empire Holdings. The… Read more
CushWake Advises BRP in Jamaica Parcel Financing
Cushman & Wakefield advised BRP Companies in procuring $15 million in acquisition financing for 90-02 168th St., a development site in Jamaica, Queens. The interest-only financing… Read more
Omni NY Breaks Ground on Jamaica Affordable MXU
Representatives of Omni New York LLC and city agencies broke ground on Archer Green Apartments, a 380-unit affordable housing project… Read more
MRC’s Jamaica Logistics Property Sees 40k SF of New Leases
Three new leases totaling approximately 40,000 square feet were signed at 184-10 and 184-60 Jamaica Ave., a 613,000-square-foot industrial property… Read more
CushWake Brings Queens Quartet to Market
Cushman & Wakefield has been retained on an exclusive basis to arrange the sale of four Queens properties, including residential,… Read more
Barone Closes on Buy of 2 Parcels from Sisters of St. Dominic
Connect Apartments is coming up on June 26th in Los Angeles. Here’s a link to find out more about the… Read more
MRC Closes on First Mortgage for MXU in Jamaica
Madison Realty Capital has closed a $35-million first mortgage loan collateralized by a mixed-use development site at 90-75 Sutphin Blvd.… Read more
1031 Deal Concludes with Far Rockaway Apartment Buy
A 1031 exchange that began with the sale of two properties elsewhere in Queens last summer has now concluded with… Read more
Development Site in Jamaica Queens NY Goes for $55M
Archer Towers Development, LLC acquired a 719,736-buildable-square-foot development site located at 16305-16325 Archer Ave. in Jamaica, Queens, New York from… Read more
All-Night Foundation Work at The Crossing at Jamaica Station
Workers toiled through the night Friday Dec. 15, 2017 into the next morning to pour the foundation of The Crossing… Read more
$44M Acquisition Financing for Half-Finished Hotels
Chris Xu, founder and president of United Construction and Development Group, borrowed $44 million to buy a dual-branded Marriott Hotel… Read more