Maddd Equities, Joy Construction score $64M for massive Bronx project The firms are working on buildings at 1159 and 1184 River Avenue

Via The Real Deal

Maddd Equities and Joy Construction have landed a roughly $64 million construction loan from Wells Fargo for their massive affordable housing project in the Bronx, according to Joy Construction’s Eli Weiss.

The money will go towards the firms’ projects at 1159 and 1184 River Avenue.  The project at 1159 River Avenue will include 250 affordable housing units across 200,000 square feet with space for retail and parking, and the project at 1184 River Avenue will span about 548,000 square feet with 500 residential units, along with retail and community space.

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