Our Investments
The Jackson
LONG ISLAND CITY
SOLD OUT 2018, $67,767,000
56 UNITS | 11 STORIES | RETAIL | BUILT 2016
13-33 JACKSON AVENUE, LIC
Benaim x Partners was approached by the developer to help syndicate capital through LP in addition to Convertible Debt. We were able to successfully raise $6.5m in LP and Convertible Debt funds alongside our own investment to help the sponsor close on the site and receive a construction loan. The project surpassed its projections and Benaim x Partners was able to achieve great returns for their investors.
The unmistakable two-story high rhythm of exposed concrete and panoramic window wall makes The Jackson a true expression of the industrial aesthetic refined. Sun swept residences are seamlessly fitted with luxurious finishes and amenities to make for modern cosmopolitan living.
Located in the heart of Long Island City, a blossoming waterfront community graced with serene public spaces, contemporary art galleries, high-end eateries, and diverse entertainment, The Jackson offers sweeping views of the East River and Manhattan skyline, and convenient transportation options to Midtown Manhattan and Northern Brooklyn.
In all, The Jackson is not only a rare opportunity to own a home of equal parts substance & style, but also an invitation to rethink one’s standards of comfort and elegance in one of the most authentic and artistic neighborhoods in New York City.
NOVA
LONG ISLAND CITY
ON THE MARKET
86 UNITS | 24 STORIES | RETAIL | BUILT 2022
41-05 29TH STREET, LIC
Similar to the Jackson, this developer approached Benaim x Partners to assist them in raising equity at an LP level. Benaim x Partners invested in the project and was able to raise alongside it $4.5M in equity. The project has yet to close but current sales numbers are already surpassing initial projections.
Soaring over park-studded Long Island City rises NOVA, a collection of 86 new condominium residences uniquely formed by a remarkable terracotta façade that embodies the bold, stylish character of this reinvigorated Queens neighborhood.
NOVA’s distinctive design, inspired by the quintessentially New York Flatiron Building, imbues a soothing sense of grace to residents and visitors. Fogarty Finger has created a modern architectural icon for Dutch Kills LIC, with clean and crisp interiors accented by natural materials and handcrafted details making it the next standard in comfort, elegance, and sustainability.
Feng shui-sensitive design and a Scandinavian-minimalist aesthetic in the lobby greets residents and visitors with a warm but elevated demeanor. This creative use of space renders rooms that are expertly proportioned and abundant with natural light, resulting in sun-washed, roomy interiors. All residences boast 10 foot tall ceiling heights at a minimum, with select units higher. Dine with ease in custom, open concept kitchens with Blanco sinks and top-of-the-line stainless steel appliances that make any night in, feel like a night out. Bright, Italian Porcelanosa Stone tiled bathrooms with glass showers, Carrera Caesarstone sinks, and in select units radiant heated floors ensure you feel refreshed when arriving home, or embarking on the day ahead.
