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The Langdon Update 05/27/22

Devs Receive $109M Loan for Lynbrook Apartment Project

Lenders, Pacific Western Bank, and PCCP, have issued a $109 million loan to fund the construction of a transit-oriented apartment complex at 47 Broadway in Lynbrook, New York.

Known as, "The Langdon", the building will sit right next to the Lynbrook LIRR station, and replace the vacant Mangrove Feather factory, which has been dormant since 2008.

Jointly developed by Breslin Realty Development Corp, and Field Grades Development, it will contain rental apartments, offered in studio, one, and two-bedroom configurations. Most of these will be sold at market rate, however, 10% will be reserved for affordable housing.

In addition to residential units, The Langdon will have square feet of retail space on the ground floor. Plans also call for an enclosed, two-story parking garage, with enough room for vehicles.

Designed by , the structure will total square feet. Construction is expected to begin within the next month or two and finish by the summer of 2024.

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