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Hope Street lands financing to begin construction at 550 Clinton Avenue

Rendering of 550 Clinton Avenue (Morris Adjmi Architects)

Jeffrey Gershon’s Hope Street Capital has secured an $180.3 million construction loan from Square Mile Capital Management for its residential project at 550 Clinton Avenue. The Clinton Hill site is located at the corner of Clinton and Atlantic Avenues. 

  • Plans: Upon completion, the 29-story development will span 280,000 square feet, and contain 284 apartments, plus ground-floor retail, according to CO. The 60,000 square-foot commercial component will also include a co-working space, which will be managed by the developer.

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