In September of 2019, Emerald Creek Capital provided a $2,265,000 acquisition loan in the Hudson Yards neighborhood of New York, NY. The loan is secured by a 1,124 square foot residential condominium unit situated on the 78th floor of a luxury tower. The 1-bedroom, 1.5-bathroom unit features high-end finishes, spacious rooms and walk-in closets, and floor-to-ceiling windows with sweeping views of the Hudson River. The newly constructed building offers amenities including a fitness center, salon, spa, pool and screening room. Hudson Yards is a coveted riverfront neighborhood on Manhattan’s West Side comprised of recently developed high-rise buildings with plans for additional construction through 2024. The area offers an unparalleled array of quality restaurants, luxury shopping, and entertainment attractions. The subject property is easily accessible by the 7 train and various other transportation services including nearby commuter hub Pennsylvania Station.
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