Printer Friendly
The Free Library
14,505,210 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Spinner's double duty with second Queens condo loan.


Meridian Capital Group recently arranged a $51,000,000 construction loan for The Crescent Club, a luxury condominium with ground floor retail space located at 41-17 Crescent Street.

Samuel M. Spinner of Meridian'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
 office negotiated on behalf of NCF See National Cristina Foundation.  Equities LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 to secure a rate at LIBOR LIBOR

See: London Interbank Offered Rate


LIBOR

See London interbank offered rate (LIBOR).
 + 220 over a 24-month term.

The building, which was designed by Karl Fischer Karl Fischer may be:
  • Karl Fischer (chemist) (1901-1958), German originator of Karl Fischer titration
  • Karl Fischer (actor) (1917-1993), Austrian
  • Karl Fischer (soldier) (fl. 1942), German infantry col. & divn.
 and Lisa Chow of Karl Fischer Architect, will feature a two-story lobby as well as a landscaped outdoor garden area designed by award winning Thomas Balsley, which will include a lap pool, putting green and barbeque area.

Other amenities include a gym, recreation rooms and a rooftop party room and terrace with unobstructed views of the Manhattan skyline. Units will feature custom wood kitchens.

This is the second condominium construction loan financed through Spinner on Queens Plaza North since 2005.

He previously secured financing on the Queens Plaza condominium just east of this site, which has been completed and is selling briskly.
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:FINANCE
Publication:Real Estate Weekly
Date:Dec 27, 2006
Words:164
Previous Article:CBRE-Melody buys into shopping center's future.(FINANCE)
Next Article:$12m financing will help Belfonti reposition CT town homes.(FINANCE)



Related Articles
Finance Real Estate.
Meridian.(mortgages for commmercial buildings)(Brief Article)
Getting a winning deal: the current pace of condo conversions may not be sustainable. Experts offer a transparent methodology for analyzing the risks...
Community Preservation Corporation.(FINANCE)
GCP Capital Group LLC.(FINANCE)
The Community Preservation Corporation.(FINANCE)
Meridian seals 700 deals in The Bronx.(Meridian Capital Group L.L.C.)(Brief article)
Meridian Capital Group.(FINANCE)(Brief article)
Community Preservation Corporation (CPC).(FINANCE)
The Community Preservation Corporation.(FINANCE)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles