The partnership of Ailanthus, BEB Capital and SK Development revealed new project renderings for One Sunset, a 193,000-square-foot, 14-story, 187-unit mixed-income housing and retail development located at 201 E. 25th St. in Brooklyn’s Sunset Park neighborhood. To accompany the release of the new imagery, One Sunset’s teaser website has launched.
“We are thrilled to unveil this ‘first look’ at One Sunset, our new mixed-income project as it draws closer to the launch of leasing,” said Vivian Liao, principal of Ailanthus. “This transformative project will deliver a dynamic living experience for all of its residents and ground-floor retail that will benefit the greater Sunset Park community.”
Designed by dencityworks | architecture and featuring interiors by Alchemy Studio, One Sunset will deliver 187 mixed-income units. Forty-six of the building’s units are designated as permanent affordable housing. Marketing for the One Sunset affordable units will be led by project partner Fifth Avenue Committee and launch this summer.
PearlX, an energy infrastructure and capital partner to multifamily owners and developers, and Cal Solar Inc., California’s largest multifamily new construction solar financier, developer and design/builder, have partnered on a $4.5-million solar power and battery system for the first phase of a new 451-unit multifamily project currently under construction in Murrieta. In conjunction with Cal...
Learn moreGreystone has provided an $80,000,000 bridge loan to refinance Meridia Roselle Park 10, a multifamily property in the Union County community of Roselle Park, NJ. The financing was originated by Drew Fletcher and Miryam Reinitz-Kops of Greystone on behalf of Capodagli Property Company. The Greystone bridge loan includes a two-year term at a floating rate and has full-term interest-only. “It’s rewarding to support Capodagli’s...
Learn moreThe Procopio Companies said Amara, its newest mixed-use community in downtown Beverly, MA, has received its Certificate of Occupancy. Residents have officially begun moving in, and leasing is now underway. Located at the convergence of Cabot and Rantoul Streets, two of the North Shore’s most prominent main streets, Amara brings 60 market-rate, Class A studio,...
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