Terra Developers lands $70M loan in Long Island City
Another project is springing up in Long Island City, receiving the benefit of $70 million in construction financing. Maxim Capital Group provided Queens-based Terra Developers with the financing package for the project at 11-33 44th Drive in Long Island City’s Hunters Point neighborhood, the Commerc
HAP’s East Harlem rental portfolio goes back to lender, firm appears shut down
Eran Polack’s troubled HAP Investments lost control of three Harlem rental buildings and his firm appears to have shuttered entirely. The commercial real estate lender Ladder Capital, which was owed roughly $69 million, submitted $1 million credit bids for each of the buildings at 2211 Third Avenue,
Charney wants to turbocharge Fort Greene condo project
Not satisfied with a 158-unit condominium project in Fort Greene, Sam Charney has a plan to go even bigger in the Brooklyn neighborhood. Charney Companies is seeking a transit bonus authorization to expand the development at 95 Rockwell Place, Crain’s reported. The firm filed an application with the
Categories
Recent Posts
