September 22, 2022

30 Bushwick - Q3 2022 Project Update

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We are pleased to share an update on the 30 Bushwick development project.

The foundation work has been approved by the Building Department, and the developer has signed the final agreement with the general contractor.

In the meantime, the team has completed the installation of scaffolding and removal of asbestos and all existing utilities. Access agreements with the connecting neighbors have also been completed.

Demolition of the existing building is being performed on a floor-by-floor basis and is expected to be completed in October. 

The developer expects to complete the acquisition of the Inclusionary Air Rights in the coming weeks. Once this acquisition is complete, we will be able to obtain final approval from the City for the remainder of the building, and subsequently receive the remainder of the construction loan with DR Bank. 

Valentina oversees Infinity’s business development, corporate structuring, global expansion, and administration. She has over 10 years of international experience working, including a venture capital firm and a unicorn startup. She holds a Bachelor of Science in International Economics & Management from Università Bocconi.

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