Monday 18 June 2018

Red Apple lands $130M construction loan for Coney Island resi project

John Catsimatidis’ Red Apple Group landed a construction loan for its under-development residential project in Coney Island, records filed with the city Monday show. Bank of America lent the developer $130 million for the 425-unit project at 3514 Surf Avenue, according to records that hit the city’s Department of Finance. Reached for comment, Catsimatidis told The Real Deal that construction on one of the three buildings at the site has already reached the seventh of […]



source https://therealdeal.com/2018/06/18/red-apple-lands-130m-construction-loan-for-coney-island-resi-project/

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