Clipper Equity taps familiar friend to refinance Flatbush development
Clipper Equity’s David Bistricer has a financing friend in MF1 Capital, which is providing debt for another of the developer’s projects. Clipper landed $170 million to refinance the 354-unit multifamily development at 2366 Bedford Avenue in Flatbush, Brooklyn, the Commercial Observer reported. The d
New York City’s top retail leases in March
New York City is getting some new places to eat, based on this list of the largest retail leases in the five boroughs last month. With four restaurants and a bakery all signing deals, eateries were behind half of the city’s 10 top deals. But none of them quite managed to secure the very top spot. 1)
Empire State Realty Trust continues Williamsburg spree
Empire State Realty Trust’s takeover of Williamsburg appears unceasing. The real estate investment trust purchased a commercial condo at 127 Kent Avenue last week for $46 million. The acquisition is just the latest in a spree of deals in the Brooklyn neighborhood for Tony Malkin’s firm, the Commerci
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