Development – China Construction America Fri, 24 Apr 2026 15:47:06 +0000 en-US hourly 1 https://wordpress.org/?v=4.6.20 The Nassau Guardian Dubs THE POINTE “A Haven of Separate Tranquilityâ€� in Feature Story /in-the-media/the-nassau-guardian-dubs-the-pointe-a-haven-of-separate-tranquili-ty-in-feature-story/ /in-the-media/the-nassau-guardian-dubs-the-pointe-a-haven-of-separate-tranquili-ty-in-feature-story/#respond Thu, 29 Oct 2020 15:51:06 +0000 http://www.chinaconstruction.us/?p=2399 Continue reading "The Nassau Guardian Dubs THE POINTE “A Haven of Separate Tranquilityâ€� in Feature Story"]]> Meanwhile, One Particular Harbour at THE POINTE received its certificate of occupancy (CO) from the Bahamas Ministry of Public Works on Oct. 16, 2020. The Margaritaville-branded luxury condominium development will be operated by Aimbridge Hospitality.

The Nassau Guardian, the largest newspaper in the Bahamas, recognized that the full completion of THE POINTE project will become an important catalyst for the recovery of the island’s economy and will promote further development of local tourism.

As the only mixed-use development in downtown Nassau with its Margaritaville Beach Resort, the One Particular Harbour residential building, Fins Up! Water Park, Pointe Marina and various entertainment options, THE POINTE is the region’s most anticipated destination for 2020.

To read more, please see the link below:


Outdoor relaxing spaces built for One Particular Harbour at THE POINTE.


Beautiful ocean view from the bathroom of One Particular Harbour.

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Greenwich West, Hudson Square’s High Design Tower with a French Twist, Opens to Residents /press-releases/greenwich-west-hudson-squares-high-design-tower-with-a-french-twist-opens-to-residents/ /press-releases/greenwich-west-hudson-squares-high-design-tower-with-a-french-twist-opens-to-residents/#respond Wed, 21 Oct 2020 22:34:04 +0000 http://www.chinaconstruction.us/?p=2393 Continue reading "Greenwich West, Hudson Square’s High Design Tower with a French Twist, Opens to Residents"]]> Strategic Capital, Cape Advisors, and Forum Absolute Capital Partners today announced that closings have commenced at the partnership’s new and highly anticipated Downtown residential tower, Greenwich West. Located at 110 Charlton Street and created entirely by a team of celebrated French designers, Greenwich West brings 170 loft-style residences and a thoughtfully curated selection of amenities to one of Manhattan’s most desirable neighborhoods, West Soho. At 30 stories, one of the tallest buildings in Hudson Square – the future home to Disney’s ABC and Google’s East Coast head quarters – the full-service condominium provides scenic panoramas of the Hudson River, New York Harbor, and Statue of Liberty.

“Located at the nexus of some of New York’s most prized neighborhoods and within close proximity to the waterfront and an amazing selection of shopping, dining and entertainment options, we’re excited to welcome residents home to Greenwich West and enjoy everything the building and surrounding area has to offer,� said Philip Gesue, Chief Development Officer for Strategic Capital. “A building like no other in New York with its Parisian and New York design influences, Greenwich West continues to attract buyers from all over the world with its attainable pricing and value, prime downtown location and contextual design.�

In addition to closings commencing, and the return to in-person appointments and tours, the building is nearing completion and is set to unveil the amenities and first model residences later this fall. The collection of homes will be beautifully furnished in collaboration with leading home décor store Design within Reach (DWR), best known for their accessible modern design and sleek offerings. Showcasing the beautiful residences, buyers will be able to recreate the one-of-a-kind looks upon moving in and will be able to purchase DWR’s iconic pieces, both past and present, through an exclusive partnership. The thoughtful collection of curated pieces selected specifically for the tower, which complement the architecture and interiors, include staples like the Saarinen table, Emmy Sofa, Edel Console, Raleigh Bed, Pacha Chairs, Tiki leather couch, Aura Credenza and more.

Greenwich West features architecture by acclaimed Paris-based architecture firm Loci Anima, with interiors by Parisian designer Sebastien Segers, known for his private homes, spas, and boutiques for clients such as Giorgio Armani and Christian Dior. The light-filled homes, ranging from studios to three-bedroom residences including penthouses, impart a bespoke quality and feature gently curved, hand-plastered interior wall corners to echo the building’s exterior architecture. A variety of residences feature substantial private terraces, including the collection of soaring penthouses that crown the top floors of the building, with only a handful remaining available for purchase. Residence 19B is an expansive two-bedroom, two-and-a-half-bathroom home on the market for $3.755 million, and boasts more than 120 square feet of outdoor space with beautiful city and water views. Pricing begins at $1.1 million and goes up to $7.95 million.

A stunning arrival experience welcomes residents home and will set the luxurious tone for the building the moment one enters. Residents will make a dramatic entrance up grand marble stairs to a double-height lobby detailed in travertine, leather paneled walls and rosewood millwork. The lobby boasts a captivating wall of windows framing views of the courtyard Viewing Garden, designed by legendary French botanist Patrick Blanc, creator of the vertical garden. A symbol of health and well being, the Viewing Garden will be home to multiple plant species artfully planted on walls reaching up to 18 feet in height.

Greenwich West includes a full array of amenities and services including a 24-hour attended lobby, onsite resident manager, porter and handyman staff. At the building’s crown and open to all residents is a beautiful rooftop terrace. Featuring multiple lounge and seating areas, the terrace is designed with peaceful, landscaped vignettes and offers breathtaking views of New York City, the Hudson River and beyond. Additional amenities include a lounge with a fireplace, top-of-the-line fitness center by The Wright Fit with yoga studio and steam rooms, and a children’s playroom that has been designed in partnership with leading local institution Children’s Museum of the Arts. An automated parking garage with direct secured access to residential elevators, a supplemental laundry facility, bicycle storage and additional private storage for purchase are also available.

Corcoran Sunshine Marketing Group is the exclusive sales and marketing firm for Greenwich West. The development is being built by Plaza Construction, an affiliate of Strategic Capital and known to be one of the foremost builders of luxury residential projects in New York. For more information or to set up a private appointment and tour, please call 212-243-0110, or visit www.greenwichwest.com.

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About Strategic Capital
Strategic Capital is the US-based development and investment business of China Construction America which is a subsidiary of CSCEC, the world’s largest investment and construction company and number 24 of the Global Fortune 500 companies. Strategic Capital focuses on investment opportunities in real estate and infrastructure across the Americas and has been in operation in the United States since 1985 through its affiliates. Learn more: https://www.strategiccapital.us/

About Forum Absolute Capital Partners
Forum Absolute Capital Partners (“FACP�) is a privately owned, opportunistic real estate investment platform with a strong focus on the development and/or re-development of residential and commercial properties in New York City. FACP invests alongside qualified, best in class developers and participates in the development of the strategic and creative vision for the projects. Since its inception in 2012, FACP has invested approximately $400 million of equity in eight development projects in New York City.

About Cape Advisors
Since 1995, Cape Advisors, a New York City real estate development and investment firm, has brought insight, integrity and expertise to nearly $3 billion in development. Cape’s projects range from residential and hospitality to retail and commercial, as well as the ownership and operation of restaurants, bars and retail venues. From ground up high-rise Manhattan construction to historic preservation and adaptive re-use, each complex collaboration reflects the innovative design and creative transformation of place that makes Cape Advisors unique.
For more information visit www.capeadvisors.com.

About Corcoran Sunshine Marketing Group
With over 30 years of experience in marketing and collective sales of $50 billion, Corcoran Sunshine Marketing Group is a recognized industry leader in the planning, design, marketing, and sale of luxury residential development. Representing properties throughout the United States and in select international locations, Corcoran Sunshine Marketing Group’s portfolio contains a curated collection of the world’s most desirable new addresses. Corcoran Sunshine Marketing Group is the new development arm of The Corcoran Group which is part of NRT LLC, the nation’s leading residential real estate brokerage company and a subsidiary of Realogy Holdings Corp. that operates Realogy’s company-owned real estate brokerage offices.

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New Downtown Condominium Tower Greenwich West Tops Out On Manhattan’s Reinvented West Side Waterfront /press-releases/new-downtown-condominium-tower-greenwich-west-tops-out-on-manhattans-reinvented-west-side-waterfront/ /press-releases/new-downtown-condominium-tower-greenwich-west-tops-out-on-manhattans-reinvented-west-side-waterfront/#respond Tue, 08 Jan 2019 15:22:58 +0000 http://www.chinaconstruction.us/?p=1847 Continue reading "New Downtown Condominium Tower Greenwich West Tops Out On Manhattan’s Reinvented West Side Waterfront"]]> Greenwich West is located at 110 Charlton Street in the flourishing Hudson Square neighborhood, which sits at the nexus of the West Village, Soho and Tribeca. The area, and all of Manhattan’s west side waterfront up to Hudson Yards, is currently in the midst of one of New York City’s biggest development booms, as illustrated by tech giant Google’s recent announcement to develop a New York campus in Hudson Square. This news came just months after Disney / ABC announced it would be moving its New York headquarters to the neighborhood, further showcasing the area’s transformation into a 24-7 live, work and play destination.

“This moment marks a major milestone for Greenwich West, and we’re proud to see the building take its place on the skyline,� said Phillip Gesue, Chief Officer of Development at Strategic Capital. “Plaza Construction has done an incredible job of bringing our team of Parisian designers’ vision to life and the building’s rapid progress is a direct result of their hard work and dedication.�

Greenwich West’s 170 light-filled residences range from studios to three-bedrooms, including a collection of penthouses. Each home has been meticulously designed to offer an open floorplan and loft-inspired layout as well as a bespoke feel. The tower’s graceful setbacks create substantial private terraces that capitalize on Greenwich West’s hallmark river views.

“The rapid topping out of Greenwich West is a testament to the extraordinary efforts of our entire team of talented, designers, builders, and contractors,� said Craig Wood, CEO of Cape Advisors. “The team’s commitment to this project is demonstrated by the attention to detail and aggressive schedule that has enabled us to stay on track for completion in early 2020. We couldn’t be prouder of the work that has been done, and are excited to further introduce Greenwich West to the market as it progresses.�

“Building Greenwich West and seeing it rise to distinction as a formidable, one-of-a-kind luxury residential condominium featuring an abundance of light and openness is a source of pride for Plaza Construction,� says Richard Wood, Chairman and CEO of Plaza Construction. “As the project completes it will add a touch of elegance as it graces the Manhattan waterfront.�

Architecture firms Loci Anima and Adamson Associates designed a striking handmade brick façade adorned with custom glazed brick accents and Art Deco-inspired curved corners, which lend a softness to the tower. Industrial-style casement windows — framed by elegant hand-laid brick patterns and custom brick borders — salute the neighborhood’s heritage. Interiors designed by Sebastien Segers Architects — known for his elegant details across private homes, spas, and boutiques for clients such as Giorgio Armani and Christian Dior — echo the gentle curves of the exterior architecture, including deep undulating window-sills topped with Carrara marble that invite interaction with the windows and views, and custom kitchen islands featuring crafted “marine-edge�

Carrara marble countertops. World renowned botanist and landscape artist Patrick Blanc has designed a signature vertical green wall for the building’s courtyard Viewing Garden.

Greenwich West is a rare Downtown building that includes a full array of amenities and services including a 24-hour attended lobby, onsite resident manager, porter and handyman staff. At the building’s crown is an amenity rooftop terrace with breathtaking city and water views as well as multiple lounge and seating areas.

Corcoran Sunshine Marketing Group is the exclusive sales and marketing firm for Greenwich West. A sales gallery located at 435 Hudson Street is now open by appointment, and pricing for the building’s 170 loft-inspired residences ranges from $1,190,000 to $7,750,000. For more information please visit .

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Newport’s First Waterfront Condominium in Nearly 10 Years Tops Out /press-releases/newports-first-waterfront-condominium-in-nearly-10-years-tops-out/ Wed, 28 Mar 2018 14:14:31 +0000 http://www.chinaconstruction.us/?p=1657 Continue reading "Newport’s First Waterfront Condominium in Nearly 10 Years Tops Out"]]> Situated in the idyllic Newport neighborhood, Park and Shore represents the first condominium development within the predominantly rental driven area in eight years. In less than a year the two-building development is now more than fifty-percent sold, further illustrating the pent-up demand for homes for purchase in the sought-after neighborhood. With closings commencing in October 2018 and July 2019 respectively, Park and Shore is rapidly approaching completion and garnering significant interest from buyers as its limited remaining inventory continues to dwindle.

“This marks a major milestone for Park and Shore, and highlights how close we are to bringing this condominium development to life,� noted Phillip Gesue at Strategic Capital. “Park and Shore signifies a truly unique opportunity in Jersey City – it fuses Manhattan-quality design, a robust amenity package and premier location for incredible value – and is redefining the Newport neighborhood.�

Just under 40 stories tall and featuring 358 residences, 75 Park Lane provides buyers with the coveted experience of living in a high-rise tower with outstanding river views and resort-like amenities. Shore House, a boutique seven-story, 71-unit building inspired by the lofts of Tribeca, offers an industrial aesthetic and avant-garde design style. Both buildings are being constructed by Plaza Construction, one of the nation’s leading construction management and general contracting companies and the sister-company of Strategic Capital.

“The interiors of 75 Park Lane are inspired by the sophisticated legacy of American modernism, while Shore House is a grittier counterpoint, recalling the industrial brick past of this neighbourhood,� said Principal Wade Little. “We designed the whole complex as a collection of hospitality experiences. Amenities include an Olympic-size swimming pool, jacuzzi, spa, library, wine-tasting room, private dining room, putting green and a lavish health and wellness precinct, complete with sauna and pool with views of nature. The Sky Lounge, with a chef’s table and terrace, commands wonderful views of the New York skyline.�

Gerald Gendreau, AIA, Senior Associate and building architect, said, “Woods Bagot is thrilled to have had the opportunity to design Park and Shore. The two buildings are unified by common materials: naturally colored metal and terracotta frames that visually connect the buildings to the adjacent public park. We designed the exterior in keeping with the scales of the buildings: 75 Park Lane is comprised of an interlocking series of two-story frames with floor-to-ceiling glass, while Shore House, the lower building, features staggered, single-story frames. 75 Park Lane begins with a low-rise base that extends to the street face. Its tower is set back respecting the residential community scale and provides terrific views of Manhattan and the surrounding New Jersey landscape.�

“We’re excited to help realize the vision for such a significant project that is sure to redefine the Newport Skyline,� stated Christopher Mills, Executive Vice President for Plaza Construction. “Currently Plaza Construction has well over two million square feet of ongoing construction throughout Jersey City. Our firm is proud to bring our record of excellence to this project and to reach this important milestone, while keeping on schedule and on budget. We look forward to the successful completion of Park and Shore.�

In attendance at the top-out ceremony were China Construction America Chairman and President, Ning Yuan, Chinese Consul General in New York, Zhang Qiyue, Jersey City Mayor, Steven Fulop and Plaza Construction Chairman and Chief Executive Officer, Richard Wood.

“We are excited to welcome Park and Shore to our Jersey City community, and know that this development will be an incredible addition to the City’s waterfront,â€� said Mayor Steven Fulop. “Today’s topping off ceremony represents and important milestone, and I look forward to cutting the ribbon on this building soon.”
Ambassador Zhang Qiyue said, “We are glad to see Strategic Capital deliver Park and Shore on schedule while adhering to a high standard in quality. I have no doubt that this condo development will further enhance the vibrant community of Jersey City, which has become home of more and more international students and talented young professionals.�
First closings at Park and Shore are slated to commence late 2018, and pricing for one-bedroom homes at both 75 Park Lane and Shore House starts at $640,000. The sales gallery is located at 100 Town Square Place in Jersey City, and for additional information please visit , or call 201.798.0008.

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About Park and Shore
A hallmark of the development, Park and Shore has been designed with an exquisite selection of high quality materials that create a tranquil living experience for residents.

The oversized windows, made possible by the exceptionally designed window and curtain walls, showcase picturesque views of the nearby park, Hudson River, and distant mountaintops. Light and air flood living spaces, promoting wellness and happiness.

Wide-plank wood flooring, by Swedish wood flooring firm Kährs, helps to create a timeless aesthetic and a grounding atmosphere for residents. Specifically, the white oak floors in 75 Park Lane offer a feeling of elegant modernity, while the walnut floors in Shore House evoke a subtle sense of luxury.

75 Park Lane’s master baths embody a thoughtful and sophisticated design approach, illustrated through the use of eastern white marble floors and walls delicately contrasted by a Tundra Grey feature wall. The master baths at Shore House stylishly pair white begonia floors and walls with Venetian bronze accents.

In addition to the homes themselves, all other aspects of Park and Shore have been meticulously designed with exceptional materials and finishes. Stepping into Shore House, its hip yet intimate aesthetic become instantly clear through the ship-lapped oak plank walls, blackened steel feature wall and industrial Edison bulbs. Residents at 75 Park Lane are peacefully greeted with Blue de Savoie marble floors and columns of chiseled Inca Gray Basalt warmed by fluted Walnut wood panels.

About Strategic Capital
Strategic Capital is the US-based development and investment arm of China Construction America. As a premier global investment company, Strategic Capital focuses on investment opportunities in real estate and infrastructure across the Americas. Learn more:

About Woods Bagot Global Studio
Woods Bagot Global Studio continually expands and challenges the expectations of multi-disciplinary architectural practice in a fast-moving digital era. The firm’s worldwide portfolio is defined by its clarity of narrative, sensitivity to urban and regional context, and ecological and social sustainability. Above all, Woods Bagot prioritizes human experience, delivering engaging, future-oriented spaces that are designed around their occupants.

About Plaza Construction
Plaza Construction is one of the nation’s leading construction management and general contracting companies. The firm has played a notable role in building corporate headquarters, commercial properties, healthcare centers, universities, infrastructure, transportation facilities, museums, retail spaces, hospitality, and residential buildings. Since its incorporation in 1986, the firm has grown from a regional organization to a multi-faceted, national presence in the industry with headquarters in New York and regional offices in Miami, Tampa, and Washington, DC. To learn more visit:

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ÌìÃÀ´«Ã½ President Ning Yuan (left), Consul General of China in New York Ambassador Zhang Qiyue (middle) and Jersey City Mayor Steven Fulop at the topping out of Park and Shore.

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Mr. Yuan shows the Park and Shore project to Ambassador Zhang Qiyueand Mayor Steven Fulop on the 19th floor of 75 Park Lane.

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Shore House and 75 Park Lane are scheduled for completion in October 2018 and July 2019 respectively.

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Strategic Capital and Plaza Construction Host Topping Out Ceremony at Final Phase of Hudson Park Apartment Community /news/strategic-capital-and-plaza-construction-host-topping-out-ceremony-at-final-phase-of-hudson-park-apartment-community/ /news/strategic-capital-and-plaza-construction-host-topping-out-ceremony-at-final-phase-of-hudson-park-apartment-community/#respond Fri, 29 Sep 2017 15:23:55 +0000 http://www.chinaconstruction.us/?p=1560 Continue reading "Strategic Capital and Plaza Construction Host Topping Out Ceremony at Final Phase of Hudson Park Apartment Community"]]> This 230,000 square-foot project aligns with the revitalization of Yonkers, NY, with 213 studio, one- and two-bedroom rental units set over 16 acres of prime Hudson Riverfront parks and bike paths. The community is located directly across the street from the Yonkers Metro North stop and provides convenient access to Manhattan in a 25-minute commute. The topping off ceremony included political and Industry leaders at 1 Alexander Street in Yonkers, New York on Wednesday, September 27 at 11:30 AM.

“As the Hudson Park River Club development nears completion, I would like to thank the team and all contributing partners for their dedication to this project,� said Ning Yuan, President of China Construction America. “It has been incredibly exciting to watch this project rise from the ground after countless hours spent on planning and coordination.�

“Hudson Park offers arguably the best value proposition of any luxury apartment community in the NYC metropolitan area: an idyllic setting on the bank of the Hudson River, a 25-minute commute to Grand Central and 1-bedroom apartment rents from $1,750/month,� said Phillip Gesue, Strategic Capital’s Chief Development officer.

“Plaza Construction is proud to be part of the development of this waterfront property, which contributes to the revitalization of the city of Yonkers, bringing luxury rental units to the waterfront area,� concluded Tom Cossu, Senior Vice President, Plaza Construction.

Hudson Park is a 16-acre development overlooking Manhattan on the Hudson River. The final phase is a 230,000-square-foot building that will include 213 studio and one- and two-bedroom rental units. The property will provide a wide range of amenities including indoor pool overlooking the Hudson River, resident lounge, resident club room, chef’s kitchen for entertaining, state of the art fitness center, a recreation area, and covered multi-level parking.

Hudson Park is across the street from the Yonkers Metro North train station, which offers a quick 25-minute commute into Grand Central Terminal. The development is conveniently located near diverse restaurants and bars, shopping, museums, and performing arts venues.

Strategic Capital is the US-based investment and development arm of China Construction America. As a premier global investment company, Strategic Capital focuses on investment opportunities in real estate and infrastructure across the Americas.

Plaza Construction is one of the nation’s leading construction management and general contracting companies. Since 1986, the firm has played a very relevant role in building corporate headquarters, commercial properties, healthcare centers, universities, infrastructure, transportation facilities, museums, retail spaces, hospitality, and residential buildings with such prestigious projects as 150 Charles Street, MTA Fulton Street Transit Center, Brooklyn Navy Yard, Eleven Times Square, and W Hotel South Beach, among others.

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Drone photo of Hudson Park in Yonkers.

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Sales Officially Launch at Park and Shore, Jersey City’s New Luxe Waterfront Condo /news/sales-officially-launch-at-park-and-shore-jersey-citys-new-luxe-waterfront-condo/ /news/sales-officially-launch-at-park-and-shore-jersey-citys-new-luxe-waterfront-condo/#respond Fri, 29 Sep 2017 15:15:50 +0000 http://www.chinaconstruction.us/?p=1566 Continue reading "Sales Officially Launch at Park and Shore, Jersey City’s New Luxe Waterfront Condo"]]> Park and Shore is the first waterfront condo development on the Hudson River in the Newport neighborhood of Jersey City in the past 8 years and brings a Manhattan style, full-service lifestyle across the river.

The project is currently under construction and the first closings at Shore House are slated for late 2018 and mid 2019 for 75 Park Lane. Pricing for 1 bedroom units in either building starts at $640,000, 2 bedroom units start at $1,095,000 and 3 bedroom units from $2,200,000. The Marketing Directors are the exclusive marketing and sales firm for the development.

“We have created a development that will represent the pinnacle of quality residential development in Jersey City,� said Ning Yuan, President of China Construction America. “With discerning interior design, coupled with an unprecedented amenity-driven lifestyle and mere minutes-long commute to Manhattan, we are excited to officially introduce buyers to Park and Shore.�

“While Jersey City has become a sought-after living destination in recent years, Newport has been lacking in opportunities to buy, particularly along its idyllic waterfront,� said Phillip Gesue, Chief Development Officer of Strategic Capital. “The arrival of Park and Shore will begin to address the increasing demand for thoughtfully designed homes offering a suite of amenities unheard of in this area.�

Park and Shore features 2 buildings in the development designed by Woods Bagot, 75 Park Lane and Shore House. 75 Park Lane will be a high-rise concept standing 37 stories and will feature 358 residences. Units will range from studios to 3-bedrooms, and penthouses. Its sister building, Shore House, is inspired by the lofts of Tribeca and is a boutique 71-unit, 7-story building. Units come in 1 and 2-bedroom layouts that employ an avant-garde design style. A hallmark of the development, Park and Shore features an extensive selection of best-in-class amenities including an 82-foot indoor pool, fully outfitted game room, expansive communal roof deck with full kitchen, children’s play area, and more.

Strategic Capital is the investment and development arm of China Construction America, which is the American subsidiary of China State Construction and Engineering Company, ranked 24 on the Fortune Global 500 list. The sales gallery for Park and Shore is located at 100 Town Square Place, Suite 301, in Jersey City, New Jersey.

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The sales gallery for Park and Shore.

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A living room and kitchen of Park and Shore at the project’s sales show room.

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Strategic Capital Announces Its First New York City Development /news/strategic-capital-announces-its-first-new-york-city-development/ /news/strategic-capital-announces-its-first-new-york-city-development/#respond Wed, 17 May 2017 20:02:17 +0000 http://www.chinaconstruction.us/?p=1481 Continue reading "Strategic Capital Announces Its First New York City Development"]]> The site is located at 110 Charlton Street and 537 Greenwich Street and when complete will be a 280,000 square foot tower with 170 residential units, ground floor retail and parking. The site, located at the confluence of Soho, West Village and Tribeca, has unobstructed views of the Hudson River. The partnership has tapped Parisian-based Loci Anima and Adamson Associates for the luxury loft design. The project’s construction is expected to commence in early June. Sales for the condominiums are slated for Spring 2018.

“ÌìÃÀ´«Ã½ is pleased to see Strategic Capital’s fast growth and expansion. We look forward to continuing our successful track records with this important Manhattan project,â€� said Ning Yuan, President of ÌìÃÀ´«Ã½, who also notes that the ÌìÃÀ´«Ã½â€™s experience as an international investor, developer and builder will provide a strong foundation for this new project.

“This investment demonstrates our in-house ability to identify, finance and develop large scale real estate assets. We delicately structured this project and refined the design to move it forward quickly, which would maximize the benefits for all parties.â€� said Linsen Zhang, President of Strategic Capital.

“We look forward to having the opportunity to partner with both Strategic Capital and FACP in the development at this unprecedented West SoHo site that has been a major focus of Cape’s for over two years,â€� said Craig Wood, Co-Founder and Co-Managing Partner at Cape Advisors.

“We’re very excited the Hudson Square project will soon be underway. We gradually realized the value Strategic Capital and Cape Advisors added to the development tis tremendous and invaluable especially during the last few months of negotiation. Partnering with them will provide an excellent source of knowledge and expertise as both firms possess impressive portfolios,� said Mikhail Kurnev, Managing Partner at Forum Absolute Capital Partners.

Eastil Secured brokered the joint venture between Strategic Capital and Cape Advisors. Shearman & Sterling represented Strategic in the transaction while Haynes Boone represented Forum and Cape.

Strategic Capital is a global investment and development company based in the Greater New York area. The firm has a strong development capability, with an integrated team of engineering, construction, architecture, design, finance and business professionals. Strategic Capital owns, develops, manages and finances high-quality assets in the most resilient and dynamic gateway cities. The firm is owned by CSCEC, one of the world’s largest investment and construction companies, through its US subsidiary ÌìÃÀ´«Ã½ which was established in 1985.

Founded in 1995, Cape Advisors boasts an extensive real estate development and investment portfolio and has completed over $1.5 billion in projects primarily located in New York City and New Jersey.

Forum Absolute Capital Partners is a private equity firm that was founded in 2012. FACP has been active in the New York metro area and is currently involved in a handful of residential developments in Manhattan.

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