340 West 42nd Street

Construction Tops Off On 42 Pine At 340 West 42nd Street In Miami Beach

8:00 am on June 16, 2023 By Oscar Nunez

42 Pine, the highly anticipated boutique residential building at the prime intersection of Pine Tree Drive and 42nd Street, has reached its topping-off milestone, signaling significant progress towards its projected completion in Q1 2024. Designed by the esteemed architectural firm Arquitectonica, this eight-story structure embodies timeless sophistication, poised to become a neighborhood icon. Last year, the project secured $35.5 million in financing from BridgeCity Capital to initiate construction, demonstrating strong investor confidence in the development’s success. Jacob Companies is the general contractor.

42 Pine Lands $35.5 Million Construction Loan From BridgeCity Capital, Reaches 50% Sold Mark

8:00 am on June 21, 2022 By Oscar Nunez

Brooklyn, New York-based BridgeCity Capital is providing $35.5 million in financing to Miami Beach-based JP Roosevelt to begin construction on 42 Pine, an 8-story boutique condominium building envisioned for 340 West 42nd Street between Sheridan Drive and Pine Tree Drive in Nautilus, Miami Beach. The project is designed inside and out by Arquitectonica with landscaping by ULU Studio and offers 50 well-appointed residences spanning 700 to 2,700 square feet, ranging between 1-to-3 bedroom residences and penthouse units. Sales launched just over a month ago, and has already reached the 50% sold mark. Units are priced from $700,000 to $4,000,000 with sales and marketing exclusively handled by Mushka Jacobson of Douglas Elliman.

The Boymelgreens Launch Sales Of Luxury Residences At 42 Pine In Miami Beach

8:00 am on May 6, 2022 By Oscar Nunez

Sales have launched for 42 Pine, an exquisite collection of residences redefining luxury living in one of Miami Beach’s most sought-after areas. Located in the Nautilus neighborhood at 340 West 42nd Street between Sheridan Drive and Pine Tree Drive, the 8-story boutique building is being developed by JP Roosevelt, an entity linked to the Boymelgreen family of real estate developers, and is designed by Arquitectonica with ULU Studio as the landscape architect. The development will offer 50 move-in-ready residences ranging from one-to-three-bedrooms, including eight penthouses, meticulously crafted to deliver a bespoke lifestyle rooted in community and convenience.

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