JS Squared Closes on $43M Construction Loan for New Townhome Community in Southampton, Long Island – New York YIMBY


JS Squared has secured a $43 million enchancment mortgage To finish 38 new townhouse properties Inside the Hamptons, Prolonged Island. Located at 66 Nowedonah Avenue in the Water Mill hamlet, the group will debut as Watermill Crossing and Is predicted to open subsequent spring.

Designed by McDonough & Conroy Architects, All of the townhouses will stand two tales tall and differ from 2,500 to 2,800 sq. ft. Residences will differ from three- to 4-bed room layouts and As a lot as 4 loos. Every house will embrace a single-automotive storage, a full basement, A private rear yard with a bluestone patio, and exterior gasoline hook-ups.

Future residents Might have entry to a recreation center with a heated outdoors pool, a media room, a Clinic, a spa, and a lounge with A hearth. Further providers embrace landscaping, electrical car charging stations, pool service, property maintainable, and snow eradicating.

View a townhouse at Watermill Crossing

View the recreation center On the Watermill Crossing group

JS Squared is a enchancment enterprise led by World Broad Group president James Stanton and Suchman Group president Jeffrey Suchman, each privately-owned enchancment corporations.

Townhouses at Watermill Crossing are priced from $2.1 million to $2.9 million.

Website plan for the Watermill Crossing townhouse group

Aerial view of current circumstances at 66 Nowedonah Avenue, the forthcoming Watermill Crossing group

Aerial view of current circumstances at 66 Nowedonah Avenue, the forthcoming Watermill Crossing group

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