In January of 2014, Emerald Creek Capital provided a $1,400,000 twelve-month acquisition loan secured by a development site in the desirable neighborhood of Williamsburg in Brooklyn, NY. The 20 X 106 ft site is zoned R6 with a C1-3 overlay. Without utilizing inclusionary housing, the site allows for a total buildable area in excess of 20,000 SF .
For more information, please contact:
Mark Bahiri Managing Partner, Co-Founder