Community Preservation Corporation.The Community Preservation Corporation announced recent financings in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. and Long Island: * CPC (1) (Central Processing Complex) An IBM mainframe that has two or more central processors (CPs) that share memory. It is the collection of processors, memory and I/O subsystems manufactured with a single serial number, typically all contained in one cabinet. closed on a bridge loan of $2,359,084 for the acquisition of an eight-story condominium building with 45 three-bedroom residential units, located in Midwood, Brooklyn Midwood is a neighborhood in the south central part of the New York City borough of Brooklyn, New York, USA, roughly halfway between Prospect Park and Coney Island. . * Recently, CPC provided a $2,080,000 loan for the new construction of a five-story, elevator building with nine condominiums in Prospect Heights, Brooklyn Prospect Heights is a neighborhood in the New York City borough of Brooklyn, bounded by Flatbush Avenue to the west, Atlantic Avenue to the north, Eastern Parkway to the south, and, Washington Avenue to the east,[1] at the end of Prospect Hill. . * CPC's $8,475,000 loan will allow for the new construction of 24 three-story townhouse-style condos in Freeport, N.Y. * Recently, CPC closed on construction financing of $3,427,000 for the new construction of a seven-story building with eight condominiums in Harlem. * A bridge loan of $4,100,000 was provided by CPC for the refinancing of a four-story building containing 90 condominiums in Valley Stream, N.Y. |
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