Monday 26 November 2018

Goldman Sachs lends $83M for Gotham Org’s 1,120-unit LIC project

Goldman Sachs finalized a deal to finance a massive affordable development in Long Island City — on the same day Amazon announced it would bring half of its HQ2 to the neighborhood. The investment bank’s Urban Investment Group provided the Gotham Organization with $83 million for its 1,120-unit mixed-use project in Hunter’s Point South, Bloomberg reported. The city last year chose Gotham Organization and local nonprofit RiseBoro Community Partnership Inc. to develop the property at […]



source https://therealdeal.com/2018/11/26/goldman-sachs-lends-83m-for-gotham-orgs-1120-unit-lic-project/

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