$40m boutique loan.Fremont Fremont (frē`mŏnt). 1 City (1990 pop. 173,339), Alameda co., W Calif., on San Francisco Bay; inc. 1956. Long an agricultural center, with champagne vineyards founded (1870) by Leland Stanford, it still ships fruits and vegetables. Investment & Loan provided a $40 million loan to Anbau Enterprises, Inc. for the construction of a ground-up boutique Boutique A small investment firm specializing in offering specific, but limited services to a select number of individuals. Notes: These investment firms are the alternatives to large financial supermarkets. They provide a highly personalized environment for investing. luxury condominium condominium In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common. located within Manhattan's Upper West Side Historic District, announced Patrick Crandall, vice president and regional manager of Fremont's New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of regional office. "This is an outstanding project in one of New York's premier residential neighborhoods," said Crandall. "Fremont is pleased to be associated with accomplished developers Stephen Glascock and Barbara Van Beuren and we are looking forward to completing this project and future projects with Anbau Enterprises." The property will consist of 14 stories plus penthouse penthouse Enclosed area on top of a building. A penthouse can be an apartment on the roof or top floor of a building or a structure on the roof housing the top of an elevator shaft, air-conditioning equipment, or stairs leading to the roof. and include 27 luxury units, as well as ground floor retail. Planned amenities include 24-hour concierge and garden-level recreation room. All units are two-bedroom, two-bath and average 1,572 s/f. Half contain outdoor space. Residential use is as-of-right and the project has received approval from The Landmarks Preservation Commission. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion