I don’t understand why they’re making a big deal for LIC! If planes are going to land at Laguardia, they would have to come from Manhattan through LIC which does not make sense. One runway is parallel to LIC which is the only one that would pose a threat, it’s at least 2 nautical miles from LIC which is a lot when airplanes are about to land.
The same issue regarding the crane resulted in a height cut for London’s 22 Bishopsgate.
JDS, Chetrit land $135M loan for Brooklyn’s tallest tower
JDS Development and the Chetrit Group are one step closer to making their Downtown Brooklyn mega-tower a reality.
The developers secured a $135 million bridge and pre-development loan for the project at 9 Dekalb Avenue, sources told The Real Deal.
The loan, from Bank of the Ozarks and mezzanine lender Melody Finance, allows them to continue with early construction on the project, which began foundation work in January. The planned 73-story mixed-use tower is slated to house more than 400 rental apartments and would be the borough’s tallest tower at 1,066 feet.
The loan replaces debt provided by Kushner Companies and Fortress Investment Group, and means Kushner no longer has any involvement in the project, sources said. The partners are still in the market for a loan in excess of $265 million to help complete construction.
[URL=“9 Dekalb | JDS Development | Chetrit Group”]https://therealdeal.com/2017/02/24/jds-chetrit-land-135m-loan-for-brooklyns-tallest-tower/[/URL]
Great news!
https://instagram.com/p/BRKFSd6A6OF/
@jdsdevelopmentgroup
“Soldier piles going in at 9 Dekalb”
CTBUH added this as u/c.
The Age of Ramses, sir!
very sad that there are no megatalls and just one of those buildings is located in downtown.
45 Broad St downtown should start excavating soon, if they haven’t already
Nice photo, Tec!
Thanks, such a small footprint.
Great update Tec, it seems they still need to demolish some of that building facing Flatbush Ave, no?
FAA case proposal for tower cranes. This means we should see one soon. Obstruction Evaluation / Airport Airspace Analysis (OE/AAA)
Nice, but I don’t think this is the 9 Dekalb site.
I love the design of this building. It reminds me of the eye of Sauron from lord of the rings. Very dark and dominating the skyline around it. Hope it looks just as good once it goes up!