Thursday 5 July 2018

Bank that backs Brooklyn’s biggest Hasidic developers lends $40M on UWS synagogue conversion

Bofl Federal, the California-based lender that’s provided a slew of loans to Brooklyn’s most prolific Orthodox Jewish developers, has provided a $40 million loan for a synagogue conversion on the Upper West Side. Leyton Properties and Chinese developer Landsea Homes secured the funding to build a 14-story luxury condominium development at 212 West 93rd Street, according to Real Estate Weekly. The new building will replace the existing Shaare Zedek Synagogue and is being designed by […]



source https://therealdeal.com/2018/07/05/bank-that-backs-brooklyns-biggest-hasidic-developers-lends-40m-on-uws-synagogue-conversion/

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