Tuesday 24 December 2019

Pacific Park tower moves to construction after $460M loan

Construction of an enormous rental building at Brooklyn’s Pacific Park can now commence after developers Greenland Forest City Partners and the Brodsky Organization secured a $460 million loan. The tower, at 18 Sixth Avenue, will have 858 rental apartments, including 258 affordable-housing units, the New York Post reports. Work at site had reportedly been expected to start in the spring of this year. It is expected to open in 2022. The construction loan came from



source https://therealdeal.com/2019/12/24/pacific-park-tower-moves-to-construction-after-460m-loan/

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