Real Estate – China Construction America

Consulate General of PRC in New York Recognizes ��ý as a Good Example for Practicing Social Responsibility During Pandemic

��ý — Tue, 05 May 2020 15:49:44 +0000

The spokesperson highlighted ��ý’s Wittpenn Bridge project saying, “Their team adjusted the construction plan immediately by reducing the number of onsite crew to about 40 people, implementing a staff rotation plan and operating dynamically to ensure the work was being conducted safely and efficiently.” “There were no confirmed cases among the staff nor any incidents on the sites, which is appreciated by NJDOT,” said the spokesperson, who also commended ��ý’s other ongoing projects across the United States, as well as its real estate investment and development business.

As one of the overseas Chinese enterprises operating in the Greater New York area, ��ý is strictly abiding by government regulations and CDC guidelines and adjusting operations and construction planning scientifically and efficiently to ensure employees’ safety and wellbeing during the crisis. ��ý is not only working to build bridges in the city but also building a mutually beneficial bridge between China and United States.

To read more, please see the link below:

75 Park Lane Receives First TCO and Reaches Another Milestone

��ý — Thu, 06 Feb 2020 22:49:45 +0000

75 Park Lane features 358 residences and is part of the larger Park and Shore development in the Newport neighborhood, which comprises two residential buildings with a total of 429 condominiums and a collection of luxury amenities. In addition to 75 Park Lane, Park and Shore has Shore House, which is already 70 percent occupied. The 37-story tower at 75 Park Lane is also in high demand among Jersey City buyers and over 50 percent sold.

In addition to introducing Manhattan-quality residences to an area abundant in rentals but with a demand for for-sale homes, Park and Shore features an extensive selection of top-tier amenities designed to achieve the ultimate living experience. An Olympic pool, wine-tasting lounge, chef’s kitchen and state-of-the-art yoga and fitness facility are some of the highlights. A grand opening and broker open house are planned for later in 2020.

75 Park Lane

The living room of the 75 Park Lane model unit

River Club At Hudson Park Hosts Ribbon-Cutting Ceremony With Yonkers Mayor

��ý — Wed, 15 May 2019 13:59:53 +0000

The ceremony was attended by Ning Yuan, ��ý Chairman and President and Strategic Capital Chairman and CEO; Huang Ping, Consul General of China in New York; and Yonkers Mayor Mike Spano. Located at 63 Wells Avenue, River Club is situated along the Hudson River waterfront in Yonkers’ thriving Downtown neighborhood. Illustrating the transformation of the area and its increasing appeal as a living destination for New Yorkers, River Club is approximately 50-percent occupied after launching leasing at the end of 2018.

“River Club presented us with a unique opportunity – the city of Yonkers is in the midst of a massive transformation and the building’s waterfront location enabled us to ensure unprecedented views and a less than 30-minute-commute to Midtown Manhattan,” said Ning Yuan. “We set out to elevate the level of luxury in Westchester County and looking at the finished project now, and how it is resonating with residents, we couldn’t be prouder.”

The luxury rental tower signifies the fourth and final building in Strategic Capital’s 16-acre waterfront development Hudson Park. The sizeable development is stretched along an idyllic half mile of the Hudson River Promenade and is comprised of three other rental buildings in addition to River Club. Located steps from the historic and recently renovated Yonkers rail station, it is just a 28-minute train ride to Midtown Manhattan.

“China Construction America’s investment in the River Club is a testament to the ongoing revitalization of our downtown and the return of our waterfront to our residents,” said Yonkers Mayor Mike Spano. “The addition of River Club to our housing stock provides high-quality living and convenience that continues to make Yonkers the place to live, work and play.”

Consul General of China in New York Huang Ping congratulated the City of Yonkers, China Construction America and its partners on all the cooperation to make this project possible. “��ý is one of the best and they have been doing a lot of projects like River Club.” said Ambassador Huang. “This project further demonstrated that by cooperating together we can create a win-win result. When we continue with our cooperation we can further grow this good relationship between China and the US.”

Offering an urban lifestyle amidst a striking natural backdrop, River Club at Hudson Park is pioneering a new standard of elegance in northern New York City and Westchester County. At 240-feet-tall and situated directly on the Hudson River, River Club features unprecedented vistas of the waterfront, New Jersey Palisades and New York City skyline.

“We are excited to celebrate the opening of River Club in Westchester’s newest creative hub,” said Phillip Gesue, Chief Development Officer of Strategic Capital. “This project is located in what is becoming one of the most desirable locations outside of New York City and is addressing the demand for new luxury homes among those looking to call Yonkers home.”

The tower’s 213 residences have been artfully designed by acclaimed architectural design firm JSA, which opted to infuse each with a sophisticated and contemporary design aesthetic. Ranging from studios to two-bedroom apartments, each light-filled home features white oak floors and floor-to-ceiling windows, allowing for an abundance of natural light as well as breathtaking views of the Hudson River and New York City skyline.

A hallmark of the development, River Club at Hudson Park offers residents an extensive selection of best-in-class amenities. Perfect for fitness aficionados, River Club is outfitted with a state-of-the-art fitness center as well as an elegant indoor swimming pool overlooking the Hudson River. Those looking to socialize will enjoy the roof-level River Club Bar, which features expansive views of the Manhattan skyline and New Jersey Palisades. During the winter months, the ground floor River Club Lounge offers a great respite from the cold with a large fireplace with walnut mantle as well as soaring 18-foot ceilings.

River Club is also outfitted with the latest in-home technology, including an automated package concierge locker system for deliveries, a Butterfly MX smartphone video intercom and real-time transportation information provided by Transit Screen. It is pet-friendly and offers smoke-free living, as well as a 24-hour concierge service to assist with residents’ needs and requests.

A highly-anticipated café is currently under construction nearby at 1 Alexander Street. The space is being designed by the founder of Jersey City’s popular Grind Café and will offer a built-in extension of the residential amenities spaces at River Club.

Move-ins at River Club at Hudson Park are well underway. Pricing begins at $1,720 for studios, $2,190 for one-bedrooms, and $2,870 for two-bedrooms. For additional information or to schedule an appointment, please contact the River Club at Hudson Park leasing office at 914-969-1386 or visit .

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Shore House at Park and Shore Receives First TCO; Ready to Welcome Residents Home

��ý — Mon, 01 Apr 2019 19:06:48 +0000

To welcome all residents home, Shore House’s model home grand opening will take place from 1 p.m. to 4 p.m. Sunday, April 7.

Shore House is part of the larger Park and Shore development, which comprises two residential buildings with a total of 429 condominiums and a collection of luxurious amenities. The waterfront development, located on North Park in Newport, is the first condominium development in the area in nearly a decade.

With Park and Shore nearly 70-percent sold, the project is the fastest-selling new development in Jersey City. Its combination of Manhattan-caliber amenities, high-quality design, unprecedented views and beautiful waterfront location has garnered significant interest from buyers, reinforcing this excellent opportunity to purchase at Park and Shore.

Designed by internationally-acclaimed architecture firm Woods Bagot, the boutique seven-story, 71-residence building is inspired by the lofts of Tribeca and offers an industrial aesthetic and avant-garde design. The project was built by Plaza Construction, one of the nation’s leading construction management and general contracting companies. The anticipated completion date for the condominium project is May 2019, one month earlier than originally anticipated.

The sales gallery is located at 100 Town Square Place in Jersey City and will move to an onsite location at the end of this year. For more information call (201) 798-0008 or visit .

New Downtown Condominium Tower Greenwich West Tops Out On Manhattan’s Reinvented West Side Waterfront

��ý — Tue, 08 Jan 2019 15:22:58 +0000

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

��ý — Wed, 28 Mar 2018 14:14:31 +0000

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,” 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:

��ý 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.

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

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

Strategic Capital and Plaza Construction Host Topping Out Ceremony at Final Phase of Hudson Park Apartment Community

��ý — Fri, 29 Sep 2017 15:23:55 +0000

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.

Drone photo of Hudson Park in Yonkers.

Sales Officially Launch at Park and Shore, Jersey City’s New Luxe Waterfront Condo

��ý — Fri, 29 Sep 2017 15:15:50 +0000

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.

The sales gallery for Park and Shore.

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

Condo Developers Bet Jersey City Will Be the Next Brooklyn

��ý — Thu, 13 Jul 2017 03:35:19 +0000

The article, titled “Condo Developers Bet Jersey City Will Be the Next Brooklyn” says that the return of condo development shows new market forces in a “revitalized Jersey City,” driven by growing demand and prices.

In addition to introducing Park and Shore, the article quoted ��ý President Ning Yuan, saying that the company has created a development that will “represent the pinnacle of quality residential development in Jersey City.”

The article can be accessed via WSJ website and other media outlets below:

WSJ (Log-in needed)

Fox Business

Strategic Capital Announces Its First New York City Development

��ý — Wed, 17 May 2017 20:02:17 +0000

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.

“��ý 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,” said Ning Yuan, President of ��ý, who also notes that the ��ý’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.” 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,” 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 ��ý 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.