Word on the street in Midwood, Brooklyn, is that a commercial mortgage brokerage might be getting into luxury residential development. Plans were filed in early September to tear down an existing home at 3420 Bedford Avenue and rebuild a new 9,840-square-foot mansion. And while the owner is listed as an LLC, the name of Meridian Capital Group’s chairman and CEO, Ralph Herzka, graces the application plans. Herzka is one of several wealthy real estate moguls […]
source https://therealdeal.com/2018/10/06/is-meridian-capital-building-spec-mansions/
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