In October of 2018, Emerald Creek Capital provided a $21,000,000 bridge loan secured by a M3-1 zoned development site in the Red Hook neighborhood of Brooklyn, NY. Red Hook is a relaxed waterfront neighborhood comprised of brownstone-lined streets, eclectic bars and restaurants, and a vibrant art scene. The area continues to undergo redevelopment of waterfront warehouses into industrial loft-style apartments and high-tech office space. The subject property benefits from the F and G subway lines, and convenient Ferry Service to Lower Manhattan.
For more information, please contact:
Dean Wang, Senior Associate