Goose lands $143M construction loan for controversial Arrow Linen site
Goose Property Management landed a construction loan for its controversial residential project at the former Arrow Linen site in Park Slope. Affinius Capital provided $143 million for the four-building development site at 441-467 Prospect Avenue, according to property records. The loan, first reported by PincusCo, replaced a $5.4 million loan from Citibank issued to the previous owner in 2013. Yitzchok Katz’s firm paid $55 million last month to acquire the site from the Arrow Linen Supply Company. The family-owned laundry rental business initially planned to redevelop the site itself with Apex Development but cooled on the project after its chief […]
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