A joint venture between KS Group and Alma Realty has obtained a $300 million loan for the development of the first phase of Astoria Cove in Astoria, N.Y., a Queens neighborhood.
KS Group lands $300M financing for long-stalled Astoria Cove
Newark-based KS Group has helped resurrect Astoria Cove from the scrapheap of development history.
KS Group Unveils $1.2B Astoria Cove Plan to Bring 2,800+ Homes and Retail to Queens
KS Group is advancing a $1.2B construction plan for Astoria Cove in Queens, starting with $300M already secured. The full project will deliver 2,800+ apartments, affordable housing, retail, and waterfront amenities.
KS Group, Alma Realty Secure $300M Loan for 731-Unit Astoria Cove in Queens
KS Group and Alma Realty secured a $300M loan from S3 Capital to build the first phase of Astoria Cove in Queens. The project will include 731 apartments, retail space, parking, and amenities.
