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  • $10.25M Pre-Development Bridge Loan, Union Square, NYC #33

$10,250,000

Pre-Development Bridge Loan

Union Square NYC

Development site acquisition:

  • Assemblage of various parcels including IAR (inclusionary air rights).
  • Our First Mortgage Bridge Loan will help the developer meet the 421A deadline.
  • 18-story mixed-use ground-up development.
  • To-be-built ~60,000SF mixed-use condominium.

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Special situation financing for commercial real estate.


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