Two affordable mega housing developments coming to the south Bronx
Via Bronx Times A developer has revealed renderings for two huge affordable housing developments coming to the south Bronx. This development comes on the heels of the Jerome Ave rezoning that the City Council approved in 2018.
Community Access – Community Update 2020
Via Community Access – Community Update “Providing supportive housing is the right thing to do.” So says Eli Weiss of Joy Construction who, along with Jorge Madruga of Maddd Equities LLC, is a key partner in developing our new building…
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…
Maddd Equities, Joy Construction land construction loan for Hell’s Kitchen hotel Financing comes from Bank Leumi USA
Via The Real Deal Maddd Equities and Joy Construction have received a $45 million construction loan for their hotel project at 305 West 48th Street in Hell’s Kitchen, according to sources familiar with the deal. The two companies are developing the luxury…
Bronx church land to become new community
Via Real Estate Weekly Work has gotten underway on 1755 Watson, a new affordable housing development that will bring 326 new affordable apartments to the Soundview neighborhood of the Bronx. The New York City Department of Housing Preservation and Development…
Shippin’ up to Boston: Maddd Equities, Joy Construction buy 3 Massachusetts hotels
Via The Real Deal New York developers Maddd Equities and Joy Construction are adding some Massachusetts hotels to their portfolio. The companies, along with AWH Partners, recently announced that they have purchased three hotels in the Boston suburbs: the Holiday Inn…
Maddd Equities and its partner Joy Construction have been on a development tear
Via The Real Deal The company, which made early and lucrative bets on Hudson Yards about 10 years ago, is now on a development tear, with market-rate and affordable projects ranging from the South Bronx to Downtown Brooklyn. It has…
Leasing launches for 12-story rental near Hudson Yards
A new Hudson Yards rental that’s located just a few blocks away from the Javits Center has now launched leasing on its 118 apartments.
Maddd Equities to Convert Parking Lot and Self-Storage to Housing
Via Globe St.
The developers obtained $51 million in financing to acquire properties in the Bronx and Brooklyn.