Canarsie Apartments Multifamily Project
Sector: Car parking • Location: Brooklyn, New York, United States
Source: Commercial Observer
Midwood Group secured $50 million in construction financing from Ponce Bank for the ground-up development of two contiguous apartment buildings with 198 units total in Brooklyn's Canarsie neighborhood. The project spans 143,083 square feet with 71 parking spaces and includes affordable apartments benefiting from New York State's 485-x tax abatements. Construction is slated to begin in early 2027 w
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Participants
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Status
Original status | planned |
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Description
Description | Midwood Group secured $50 million in construction financing from Ponce Bank for the ground-up development of two contiguous apartment buildings with 198 units total in Brooklyn's Canarsie neighborhood. The project spans 143,083 square feet with 71 parking spaces and includes affordable apartments benefiting from New York State's 485-x tax abatements. Construction is slated to begin in early 2027 with occupancy expected in December 2026. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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