ZD Jasper lands loan for Upper East Side boutique condos 
ZD Jasper’s luxury condo project on the Upper East Side is full steam ahead thanks to fresh financing from Madison Realty Capital. The lender provided a $73 million construction loan for the Queens developer’s project at 171 East 86th Street, the former home of Papaya King, Crain’s reported. The financing is expected to support ZD Jasper through the entire building process, expected to be a $112 million endeavor. An Arrow Real Estate Advisors team including Morris Betesh, Omar Ferreira and Jacob Petrovic arranged the financing. Jasper Wu’s firm filed plans for the site between Third Avenue and Lexington Avenue last […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
The Buying Window is Still Wide Open Especially in These
“Emerging” Cities
The ROI of Beauty: Do These 31 Markets Make More Money on
Looks Alone?
Real estate donors favor Adams in latest round, but money
flow slows  
Charles Cohen to sell Fifth Ave building at massive discount
to Vornado
Phipps Houses seeks to add 500 units in South Bronx
New dev townhouse top Brooklyn’s top luxury
contracts
ZD Jasper lands loan for Upper East Side boutique
condos 
Barbra Streisand’s former UES home tops Manhattan’s luxury
contracts
Selling Your House for a Job Relocation: A Complete
Guide
Can I Use My 401(k) to Buy a House? Yes, Here’s How