Monday, 4 June 2018

Bentley Zhao’s New Empire lands $45M loan for LIC condos

Bentley Zhao’s New Empire Real Estate Development landed a $45 million construction loan for its Long Island City condominium project from Slate Property Group’s new lending arm, SPG Capital Partners. New Empire plans to build a 115,000-square-foot project at 37-14 34th Street. The company is an extremely active developer throughout the city, with condo projects on the Lower East Side, Midtown West, and several in Brooklyn. Martin Nussbaum and David Schwartz’s Slate launched its lending […]



source https://therealdeal.com/2018/06/04/bentley-zhaos-new-empire-lands-45m-loan-for-lic-condos/

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