Aug 16, 2023
W&L and Windfall Group Want $200 Million Loan for Condo Project in Weehawken, NJ
Dubbed 1800 Avenue, this forthcoming project is poised to introduce 282 high-end waterfront units accompanied by an array of upscale amenities. These amenities include pools, a fully equipped fitness center, an on-site b…
Traded Editorial
Dubbed 1800 Avenue, this forthcoming project is poised to introduce 282 high-end waterfront units accompanied by an array of upscale amenities. These include pools, a fully equipped fitness center, an on-site basketball court, a golf simulator, a private screening room, and more.
Advisory Role and Path to Construction
The financing aspect of this development is being facilitated by Colliers’ New York Capital Markets group, including Peter Nicoletti, Dylan Kane, Zach Redding, and Andrew Jacobs. The joint venture not only acquired the project site from its previous developer but also adeptly navigated through loan-related challenges, thereby setting the stage for the construction phase scheduled to commence later this year.
Weehawken's Growth Narrative
Weehawken's real estate landscape is gradually evolving, and projects like 1800 Avenue underscore this transformation. As the condo construction endeavor moves forward, it will contribute to the ongoing narrative of development and progress within the region.