237 McGuinness Boulevard Update 05/09/23

Developer Lands $34.8M Loan for Greenpoint Apartment Project

Developer, , has just obtained a $34.8 million loan for a 9-story residential building, set to rise at 237 McGuinness Boulevard (alternately addressed as 210 Greenpoint Avenue) in Greenpoint, Brooklyn. Issued by BHI, this influx of capital will be used to fund all construction costs from the ground up.

The building will contain rental apartments and square feet of ground-floor retail space. Plans also call for an enclosed parking garage, with enough room for vehicles.

Designed by , the structure will stand feet tall and total square feet. A former Speedway gas station is currently being demolished at the site in order to make way for the new development.

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