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43-15 52nd Street Update 08/22/22

Dev Lands $33.5M Loan for Woodside Rental Project

Developer, , has obtained a $33.5 million loan for a 9-story residential project, set to rise at 43-15 52nd Street in Woodside, Queens. Issued by Meridian Capital Group, this influx of capital will be used to fund all construction costs from start to finish.

Designed by , the building will contain rental apartments and total approximately square feet.

General contractor, , already has heavy equipment at the project site and is ready to start excavation work. Construction is roughly estimated to finish by the summer of 2024.

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