Douglaston Development has landed $415 million in construction financing for its new residential tower near Hudson Yards — and a new partner to help get the job done. Douglaston, the development firm led by Jeffrey Levine, created a joint venture with the publicly traded Ares Management Corporation to develop a 931-unit luxury residential project at 601 West 29th Street at the corner of 11th Avenue, Douglaston announced Thursday. The venture also secured construction financing from […]
source https://therealdeal.com/2019/06/06/douglaston-brings-in-new-partner-on-west-side-resi-tower-lands-construction-loan/
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