LYNK Capital is pleased to announce the funding of a $3.6 million land acquisition loan for the development of a waterfront condominium project on the Hudson River. This new and exciting project located on the water in Edgewater, New Jersey is targeted to be 49 condominium units and 52 boat slips. The project presents a unique opportunity for the buyers of the condominiums the added convenience of docking his/her own boat at the same location they will be living. With the proximity to Manhattan by car or boat, this project should become a very sought after property, once built.
“To be ten minutes by water to Midtown Manhattan and having your boat docked in your own boat slip 100 feet away from your front door establishes this project as a one-of-a-kind” stated Ben Lyons, Managing Director of LYNK Capital.
Vlad Kudla, the Developer, said “RGH is thrilled to lead the development and construction of the upcoming waterfront luxury residential complex in Edgewater, NJ. These stunning waterside condominiums provide a high-end living experience, incorporating lavish boating amenities and first-rate access to the most exciting and diverse city in the world. RGH has assembled a truly unique team of local professionals who is committed to excellence in every aspect of their work, and is honored to bring this project to the city of Edgewater.”
“Spacious units focus on striking vistas of the Hudson River and New York City skyline, while providing an urban oasis which implements green rooftop community spaces to further highlight this exclusive location. The development also incorporates state of the art automated parking within the building, as well as boat slips so residents can have quick and easy access to the community by land and by water.” said Kudla.