News: Brokerage

BLCD and APEX Building Group break ground on Baldwin Park; financing provided by 100 mile fund - managed by Procida Funding

Shown (from left) are: Robert Horsford, APEX Construction; William “Billy” Procida, Procida Funding; Alexis McSween, Bottomline Construction; Kevin Kollar, ConnectOne Bank and Lee Brathwaite, CEO, APEX Construction. Shown (from left) are: Robert Horsford, APEX Construction; William “Billy” Procida, Procida Funding; Alexis McSween, Bottomline Construction; Kevin Kollar, ConnectOne Bank and Lee Brathwaite, CEO, APEX Construction.
Manhattan, NY Alexis McSween, owner of Harlem based Bottom Line Construction & Development, LLC (BLCD) a certified NYS and City M/WBE, DBE and LBE firm, revealed the groundbreaking of Baldwin Park, a modern boutique residential building in West Harlem. The event took place on-site at 306 West 148th St. Baldwin Park will epitomize the rich historical architectural value of Harlem while incorporating the contemporary style and desires of today’s urban homeowners. The new six-story boutique residence is slated for a summer of 2017 occupancy.  Units boast full floor through plans featuring 2 bedrooms, 2 baths, balconies, roof top deck and stainless steel appliances. Baldwin Park’s general contractor is a Harlem-based certified MBE Company that has been actively involved in the construction industry for the past 17 years. Robert Horsford, president of APEX Building Group, said, “Apex Building Group is proud to have this opportunity to be a part of McSween’s team bringing to reality her vision of modern living in Harlem.” Baldwin Park is projected to create 40 new jobs, spanning 2 years. Financing for the project was provided by N.J.-based direct lender, the 100 Mile Fund managed by Procida Funding & Advisors, LLC. Over the last year Procida has been quite vocal about the finance community being misguided by throwing billions at mega luxury towers for the super-rich. “What really needs to be done with all the pension money in private equity is to rebuild our inner cities. A minority woman contractor building what I consider contemporary housing in Harlem is doing exactly what I have said the finance community needs to focus on.  When I saw only one vacant lot, on a pretty street, near a park in a cute nook of Harlem coupled with her Bottomline Construction and Development team I jumped at the opportunity to be a part of this project,” said William Procida. McSween established BLCD in 2010 as its sole principal following the most recent economic crisis. BLCD has worked on several permitted construction projects throughout the five boroughs involving design, renovations, structural work, carpentry, plumbing and electrical. As a direct descendant of Harlem natives the Baldwin Park project is a special professional endeavor. “I wanted to contribute to the development and beautification of my community and Baldwin Park is my vision come to life,” said McSween. McSween brings over eighteen years of practical and formal experience to Bottom Line Construction & Development.  She has promoted a company culture based on her own high standards of perseverance, teamwork and a unique talent of forming successful collaborations. McSween transitioned into construction and development from a background as a Registered Nurse and FDNY EMT when she earned a Bachelor’s degree in Organizational Management, and a Masters of Science in Real Estate Development with a minor in Construction Management from New York University’s Shack Real Estate Institute. While earning her Masters, she worked as a project manager for a NYC construction & management firm on projects totaling three million dollars. Ms. McSween has developed and completed construction projects from ground up constructions to renovations since 1994.
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