Brief
Joint Venture Receives $175M Construction Loan for Office-to-Residential Conversion in Lower Manhattan
NEW YORK CITY — A joint venture between Broad Street Development, Los Angeles-based PCCP and One Investment Management has received a $175 million construction loan for an office-to-residential conve
Summary
NEW YORK CITY — A joint venture between Broad Street Development, Los Angeles-based PCCP and One Investment Management has received a $175 million construction loan for an office-to-residential conversion project in Lower Manhattan.
The joint venture will convert the 400,000-square-foot office building at 80 Broad St.
, which is known locally as The Maritime Building, into a 326-unit apartment complex. Jordan Roeschlaub, Nick Scribani, Holden Witkoff and Niv Shahmoon of Newmark arranged the fina
Source
- REBusinessOnlinerebusinessonline.com
