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…
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…
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…
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…
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.
Via Globe St.
The developers obtained $51 million in financing to acquire properties in the Bronx and Brooklyn.
Via Ariel Property Advisors
Held bi-annually, Ariel Property Advisors’ Coffee & Cap Rates event has grown into a highly popular industry event.
Via Commerical Observer
Property records filed this week show that Azimuth Development Group secured about $107 million in affordable-housing financing from the New York City Housing Development Corporation (HDC)