"The 436,600-square-foot project, designed by Aufgang Architects and developed by Maddd Equities, now stands fully enclosed in a facade of floor-to-ceiling windows and charcoal-hued metal paneling with gold vertical accent beams."
"Inside, apartments come with in-unit washers and dryers, energy-efficient appliances, air conditioning and name-brand kitchen finishes, as reported by 6sqft."
"Maddd Equities and Joy Construction secured a $143 million construction loan in 2023 from Valley National Bank, Metropolitan Commercial Bank and Bank Leumi."
"Public records and reporting indicate the team also assembled roughly 180,000 square feet of air rights from nearby properties to expand the project's allowable size."
A new 31-story residential tower in Downtown Brooklyn features 465 rental apartments, with 120 designated as affordable units. The building includes ground-floor retail space and a range of amenities such as a fitness center, rooftop terraces, and bike storage. Designed by Aufgang Architects and developed by Maddd Equities, the project secured a $143 million construction loan and involved significant financial transactions for land and air rights. The tower is strategically located to cater to modern renters seeking convenience and amenities.
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