David Bistricter just landed the largest residential construction loan of the year for his massive three-tower apartment complex in Greenpoint. The Bank of China and SL Green Realty provided Bistricer’s Clipper Equity with $386 million in financing for the developer’s massive rental project at 77 Commercial Street, sources told The Real Deal. Bistricer will use the financing to construct a trio of rental buildings with some 720 units. Representatives for Bistricer, Bank of China and
source https://therealdeal.com/2020/05/27/bistricer-lands-386m-construction-loan-for-greenpoint-project/
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