Meridian Capital Group.Meridian Meridian (mərĭd`ēən), city (1990 pop. 41,036), seat of Lauderdale co., E Miss., near the Ala. line; settled 1831, inc. 1860. Capital Group has announced the following transactions: * A new mortgage for $4 million on a 20-unit, six-story, mixed-use building on Clinton St. 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. . The loan featured a rate of 5.250% and a 10-year term. The transaction was negotiated by Cary E. Pollack pollack: see cod. pollack or pollock Either of two commercially important North Atlantic species of food fish in the cod family (Gadidae). and Jay Walden; * A new mortgage for $3 million on a 48-unit, six-story, elevator elevator, in machinery elevator, in machinery, device for transporting people or goods from one level to another. The term is applied to the enclosed structures as well as the open platforms used to provide vertical transportation in buildings, large ships, apartment building at 14 Brighton St. in Brooklyn, N.Y. The loan featured a rate of 5.875% and a 10-year term. The transaction was negotiated by Joseph Taub; * A new mortgage for $2.665 million on a 43-unit, six-story elevator apartment building on Frisby Ave. in the Bronx, N.Y. The loan featured a rate of 6% and a 10-year term. The transaction was negotiated by David Hayum; * A new mortgage for $2.5 million on a 98-unit, six-story, co-op building on Austin Street Ave. in Flushing Flushing, part of Queens, New York City, United States Flushing, former village, now in N Queens borough of New York City, SE N.Y.; chartered 1645, inc. into Greater New York City with Queens in 1898. , N.Y. The co-op is 55% sold and the loan featured a rate of 5.875% with a 10-year term. Jeffrey J. Weinberg and David Ostrov negotiated this transaction; * A new mortgage for $1.5 million on a 30,000 s/f industrial building on Morgan Morgan, American family of financiers and philanthropists. Junius Spencer Morgan, 1813–90, b. West Springfield, Mass., prospered at investment banking. Ave. in Brooklyn, N.Y. The property will benefit from a rate of 6.250%, with a 10-year term. Jay Walden and Ben Grossman handled this transaction; * A new mortgage for $1.275 million on a 19-unit, five-story, walk-up apartment building on W.182nd St. in New York City. The loan featured a rate of 5.500% and a 10-year term. The transaction was negotiated by Saul Piller. |
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