$2,200,000 – Queens, NY (Long Island City)


In October of 2011, Emerald Creek Capital provided a $2,200,000 commercial bridge loan going towards the purchase of a 170,000 SF of buildable parcel in Long Island City, NY, across the river from Manhattan. The developer is planning a 230-unit condo on the property. Loan proceeds were used to finance the purchasing of the parcel out of foreclosure.

For more information, please contact:

Jeff Seidler, Managing Director
(212) 239-6517


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