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$303 million in construction financing secured for Archer Towers II in Jamaica – QNS

Summary by QNS.com
The New York City Housing Development Corporation, the New York City Department of Housing Preservation and Development, Wells Fargo Bank, Wells Fargo Community Investment Holdings and BRP Companies announced on Tuesday, Jan. 27, the closing of $303 million in construction financing for Archer Towers II at 163-25 Archer Ave. in downtown Jamaica. Archer Towers II will stand 22 stories tall and span 353,000 square feet. When completed, the develop…
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QNS.com broke the news in on Tuesday, January 27, 2026.
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