[Hudson11]

163-05 - 163-25 Archer Avenue

BRP Seeking JV Equity for $286M Archer Towers Project in Queens

BRP Companies is seeking $286 million in joint venture equity for the construction of Archer Towers.

commercialobserver.com

When completed the 24-story project will comprise 540,000 square feet and include 605 residential units; 424 units will be market rate and 181 will be mixed income.
[...]
Construction of Archer Towers will now begin immediately upon closing of the joint venture equity financing and also the securing of debt financing with BRP’s new capital partner.