Pergolis Swartz Associates, Inc.Pergolis Swartz Associates, Inc announced the following transactions: * Barry Swartz arranged a permanent mortgage in the amount of $10,000,000 for a sixteen-story office building on 37th Street in Manhattan. * A land loan in the amount of $1,000,000 was obtained by Len Solinsky for a property located on Skillman Avenue in Brooklyn. * A $1,117,000 in permanent money was closed by Swartz for a retail strip located in Merrick on Long Island. * A $1,500,000 in permanent financing Permanent financing Long-term financing using either debt or equity. permanent financing The long-term financing that supports a long-term asset. was negotiated by Richard Pergolis for a single story tax payer tax payer n → contribuyente m/f tax payer n → contribuable m/f tax payer n → contribuente on Westchester Avenue in The Bronx. * A building loan ifor $22,000,000 was arranged by Pergolis for a 176 room hotel to be built on the West Side of Manhattan. * Michael Volpe arranged an acquisition/bridge loan for an existing industrial building located in Long Island City. * An interim loan in the amount of $1,000,000 was obtained by Swartz for two family house development site in Queens. * Permanent financing in the amount of $3,400,000 was negotiated by Swartz for a six story walk up apartment building on Avenue A 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. . * A permanent loan in the amount of $2,250,000 was arranged by Swartz for two six-story walk up apartment house on 109th Street in Manhattan. * Pergolis obtained $2,000,000 for six unsold leasehold co-op units taken as collateral, and located on Fifth Avenue in 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 . * A construction loan in the amount of $5,700,000 was arranged by Solinsky for a to be built residential apartment building with ground floor commercial on Chambers Street Chambers Street is a street in Edinburgh, Scotland, at south of the Old Town. The street is named after William Chambers of Glenormiston, the Lord Provost of Edinburgh who was the main proponent of the 1867 Edinburgh Improvement Act, which gave permission for the street's in NYC NYC abbr. New York City NYC New York City . * David Tobin obtained a second mortgage in the amount of $1,835,000 for three multi-family apartment buildings containing 109 units in Brooklyn, NY. * A thirty year fixed rate mortgage in the amount of $3,500,000 was negotiated by Tobin for a 119 unit cooperative apartment building located in Flushing, Queens Flushing is an urban neighborhood in the northern part of the borough of Queens in New York City, New York. Flushing is now home to large Chinese, Korean, Indian, Hispanic, and African American communities. The neighborhood is part of Queens Community Board 7. . * A permanent mortgage in the amount of $3,200,000 was arranged by Swartz for a six- story walk up apartment building on Avenue A in NYC. * Acquisition financing in the amount of $8,000,000 was obtained by Tobin for a five- story office building containing 37,212 s/f, located in Far Rockaway Rockaway, narrow peninsula, c.10 mi (16 km) long, SW Long Island, SE N.Y., in Queens borough of New York City. Separating Jamaica Bay from the Atlantic Ocean and isolated from the rest of New York City, the densely populated peninsula owes its growth to road and rail . New York. * Permanent financing in the amount of $3,200,000 was arranged by Swartz for a six story walk up apartment building on Avenue A in Manhattan. * A fixed rate loan in the amount of $2,550,000 was obtained by Solinsky for a mixed use property consisting of 12 residential units and 1 commercial unit in The Bronx. * A $1,300,000 in permanent financing was negotiated by Pergolis for a two story commercial building in Plainfield, N.J. * Interim mortgage for $2,400,000 arranged by Swartz for a one story retail strip on Avenue B, NYC. |
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