CPC closes $5m construction loan.Community Preservation Corporation announces the closing of a $5.1 million construction loan to Freud Court Street Properties LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , for a planned 35,000 s/ f 25 unit condo project, with parking, located in Carroll Gardens, Downtown Brooklyn Downtown Brooklyn is the third largest central business district in New York City (following Midtown Manhattan and Lower Manhattan), and is located in the . The project will be named the Terraces with condominium units priced from $300,000 to above $800,000. Construction is expected to be completed in Spring of 2005. Robert Riggs Robert Riggs can refer to:
This is the second loan made to Troutbrook Company LLC and its principals, earlier this calendar year a $6.3 million construction loan was paid off. CPC has closed in excess of $3 billion of loans since its inception. CPC Resources, a separate division of CPC, recently announced the acquisition in partnership of the famed Domino Sugar factory in Williamsburg, Brooklyn. Jay Bloomfield of Schneider Goldstein and Bloomfield LLP LLP - Lower Layer Protocol represented the developer; Janine Howard of Casin Casin and Joseph represented the Bank. |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion