JLL Capital Markets

Rendering of Archer Towers at 163-05 Archer Avenue (Photos courtesy of Studio V Architecture)

BRP Companies, JLL Partner to Finance Construction of Archer Towers in Jamaica, Queens

7:30 am on May 22, 2020 By Sebastian Morris

BRP Companies has selected JLL Capital Markets as its partner in a joint venture equity agreement to finance the construction of Archers Towers in Jamaica, Queens. The project is valued at $286 million and will yield 605 rental units and a mix of residential amenities. Located at 163-05 Archer Avenue, the development will top out at 24 stories and comprise a total of 540,000 square feet. The residential component will be divided into 424 market-rate apartments and 181 mixed-income units. At this time, the specific income requirements or restrictions for the mixed-income units has not been revealed.

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Rendering of The Hudson Arts Building at 220 Eleventh Avenue - The Moinian Group / Studios Architecture

Moinian’s “Hudson Arts Building” Revealed at 220 Eleventh Avenue, in West Chelsea

8:00 am on February 14, 2020 By Sebastian Morris

Construction kicked off this week on the Hudson Arts Building, a new office development at 220 Eleventh Avenue in West Chelsea, Manhattan. Designed by Studios Architecture and developed by The Moinian Group, the project will occupy an entire city block between 25th and 26th Streets. According to JLL, the exclusive leasing agent for the property, the Hudson Arts Building is expected to welcome tenants by 2022, and the official groundbreaking was held yesterday.

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70 Schermerhorn, Rendering courtesy JLL

Rendering Revealed & Funding Secured for 70 Schermerhorn Street, Brooklyn Heights

7:30 am on February 26, 2018 By Andrew Nelson

A twelve-story condominium building has received funding for its imminent rise at 70 Schermerhorn Street, in Brooklyn Heights, Brooklyn. The announcement comes from JLL’s Capital Markets, who raised $42.1 million in joint-venture equity from a $512 million fund managed by The Davis Companies. The capital will be allocated for construction financing. Lonicera Partners and Orange Management are behind the project, and the news comes also comes with a rendering.

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