Page 3 - Triangle Equities News Today

A $1 billion oceanfront development in Queens — touted as energy-efficient and storm-resilient — will include shops, apartments, community centers, and a nature preserve.

CAMDEN, NJ - The Michaels Organization, a national leader in residential real estate, along with its joint-venture partners, Triangle Equities and Geolo Capital, is set to break ground on 111 Willoughby Street, a Class-A, mixed-use high-rise tower in the heart of downtown Brooklyn, following a successful financial closing on the $123 million development.

Developers are no longer aiming to simply preserve nature, but are actively restoring it as a selling point for their projects.

$123 Million Mixed-Use HighRise Will Bring 227 New Apartment Homes to Downtown Brooklyn...

In December, developers closed on $30.3 million in financing for the first phase of Arverne East, a master-planned community and revitalization project within a 116-acre oceanfront site in the Arverne and Edgemere neighborhoods in Queens’ Rockaway Peninsula. Led by real estate firms L+M...

L+M Development Partners, the Bluestone Organization and Triangle Equities have closed on $30.3 million in financing for the first phase of Arverne East, a project that will revitalize a vacant 116-acre oceanfront site in the Arverne and Edgemere neighborhoods in Queens’ Rockaway Peninsula.  Funding for the first phase was provided...

When complete, the Arverne East project is expected to include retail space, a hotel and more than 1,300 affordable housing units

Discount grocer Ali has signed a lease for a new 20,110 s/f store at Triangle Junction in Flatbush, Brooklyn. RIPCO Real Estate’s Esther Bukai represented the store while Peter Botsaris, Botsaris Morris Realty, represented landlord Triangle Equities in the deal.  “Aldi is a perfect addition to the Flatbush neighborhood, providing quality grocery product to the area during a time when many are dining from home. We are increasing our volume of deals in this asset class and are actively looki...

Focusing on suburbs, state awards $27M in tax credits for 1,363 affordable housing units Updated Dec 09, 2020; Posted Dec 09, 2020 State housing officials on Wednesday announced the award of $27 millon in federal affordable housing tax credits to a total of 21 projects that include 1,363 apartments set aside for people with low and moderate incomes. This affordable project in Trenton, by Conifer Realty, received separate aid under the federal CARES Act.Michael Mancuso | NJ Advance Media for N...