NEW YORK | The Arches (228 E 135th St) | 2 x 250 FT | 2 x 25 FLOORS

As seen from Metro North earlier today

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As seen from Metro North earlier today

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NYC- East Harlem by Joseph Wingenfeld, on Flickr

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https://www.instagram.com/p/B09S-v1nGEP/?igshid=1fjxs28r0cy4a

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its great to finally have some taller buildings rising again in the Bronx that aren’t ugly housing.

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[url]Market Insight | CityRealty

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Earlier today

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https://www.cityrealty.com/nyc/market-insight/rental-building-offers/the-bronx/the-arches-begins-leasing-sparkling-harlem-river-apartments-2246-month-see-inside/44901

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these towers have a lighting scheme at night where the arches around the balconies light up. Looks great

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I was under the impression that an arch requires a curved form.

Chess Builders has nabbed $125 million of permanent financing for its Bronx multifamily development, Commercial Observer has learned.

Valley National Bank spearheaded the transaction for the firm’s newly constructed 430-unit The Arches property in the Bronx’s Mott Haven section. Bethpage Credit Union, Bayonne Community Bank and Bankwell Bank also participated in the financing.

Brooklyn-based based Chess Builders recently sold The Arches’ fee position for $105 million to Haven Capital , The Real Deal first reported. Chess Builders also secured a long-term leaseback for a 99-year ground lease, per TRD.

Meridian arranged both of the sales transactions.

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I like how the nighttime lighting looks.

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Grand Concourse South by Edgar Omar, on Flickr

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Got drive by pictures so they aren’t the clearest.

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