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350 Grand Concourse, Mott Haven Bronx
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Multi-Housing News · April 2026

Shorewood JV Lines Up $130M for Bronx Project

350 Grand Concourse · Mott Haven, Bronx

JLL Capital Markets has arranged $130 million in construction financing for The 360, a 13-story mixed-use development at 350 Grand Concourse in Mott Haven. The loan, secured through PCCP on behalf of a Shorewood Real Estate Group and Bogopa Enterprises partnership, will fund the construction of 304 residential units (228 market-rate, 76 affordable) and 47,892 SF of ground-floor retail pre-leased to Food Bazaar.

Our team brokered the original $28.5M sale of the 31,100 SF development site to Shorewood in December 2024. Construction is slated for 2028 completion.

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350 Grand Concourse

New York Real Estate Journal · January 2025

Atlantic Development Sells 350 Grand Concourse to Shorewood — $28.5M

350 Grand Concourse · Mott Haven, Bronx

RIPCO arranged the $28.5 million sale of 350 Grand Concourse, a 31,000+ SF Mott Haven development site with over 300 feet of frontage along the Grand Concourse. The buyer, Shorewood Real Estate Group, acquired the site from Atlantic Development & Investment, with RIPCO representing both sides.

The RIPCO team included Mitchel Flaherty and Brian Whelan, alongside Stephen Preuss and Kevin Schmitz. The buyer plans a 220,000 SF grocery-anchored, mixed-use project just a short walk from the subway.

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The Broker Brunch podcast

Commercial Property Executive · February 2026

The Broker Brunch Named #1 in CPE's 2026 Top CRE Podcasts

The Broker Brunch · Podcast

Commercial Property Executive featured The Broker Brunch at the top of its 2026 list of must-listen podcasts for commercial real estate professionals. The editors called hosts Brian Whelan and Mitchel Flaherty "super-knowledgeable," praising their "entertaining conversations with top CRE brokers and developers in New York City and beyond."

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