Projects
The Lanes
The Lanes is a pet-friendly building with furnished two- and three-bedroom flex apartments that are intelligently designed and wired. The building offers numerous communal spaces to encourage community and has Wi-Fi throughout.
INTERIOR DESIGN
Modern interiors include hardwood floors, stainless steel appliances, cascading shades for oversized windows, tiled showers, and central heating and cooling via a smart thermostat.
AMENITIES
Amenities include a fitness center, bike room, library, parking garage, and rooftop lounge that has gas grills and a fireplace plus spectacular views of Manhattan. The courtyard has seating for movie nights and sporting events, as well as a ping-pong table and cornhole. The Lanes was designed to be eco and energy friendly and boasts green roofs, solar panels, rain screens, and high-efficiency heating and cooling.
LOCATION
The Lanes is central to Manhattan, Long Island and Astoria, Queens. There is close access to subway lines E, F, M, N, R, W and 7, and public bus service is a quick hop onto the Q69.
PROJECT DETAILS
Project Type:
Multi-family residential
Project Sponsor:
Ranger Properties, LLC, and Sagamore Capital, LLC
Construction Start Date:
June 2015
Construction End Date:
2017
EB-5 Capital Amount:
$4,000,000
Capital Structure:
Mezzanine loan
Number of Investors:
8
Job Creation:
97*
I-526 Approval Status:
Approved
I-924 Approval Status:
Approved
*Estimated.
