The deal, split among a $155.9 million building loan and a $69.7 million project loan, will fund a $300 million initiative to build a new residential tower on LIU’s campus in Fort Greene location. As described in prior reporting by Newsday , the development will consist of a residential high-rise, and a garage structure with a rooftop athletic field. A deed filed simultaneously with the mortgage paperwork shows RXR paying LIU $76.4 million for the site, a plot at 196 Willoughby Street near the intersection of Flatbush Avenue and DeKalb Avenue.
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pretty early for the cocoon. Great update regardless.
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May 2020 - City Realty
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this is turning out nicely.