In September 2017, Emerald Creek Capital provided a $36,000,000 acquisition loan on the west side of Manhattan. Located within the C4-7 zoning district, the subject property is a development site with 128,124 square feet of zoning floor area. The site has D.O.B-approved plans for the development of a 34-story luxury condominium tower containing 80 residential units and ground floor commercial space. The subject property enjoys close proximity to a variety of iconic Manhattan attractions including Times Square, Central Park, Lincoln Center, Columbus Circle, and many of the city’s best restaurants and nightlife. The site is easily accessible by extensive subway and bus lines.
For more information, please contact:
Mark Bahiri, Managing Partner