In May of 2011, Emerald Creek Capital provided a $1,400,000 building loan agreement for the acquisition and vertical improvement of an existing four story commercial building. The commercial building will be converted into an eight story, boutique hotel totaling 8,300 SF. The property is located on 125th street, a main corridor in Central Harlem. The sponsor is an experienced New York based hospitality developer and operator.
For more information, please contact:
Jeff Seidler, Managing Director