Select Transactions—Brooklyn, NY

The Pierrepont

  • Multiple parcel development of a new construction 80/20 mixed-income residential and retail tower in Downtown Brooklyn.
  • $73,000,000 owner's title insurance with non-imputation coverage.
  • $20,500,000 acquisition financing and $29,500,000 construction financing with a HUD interest in affordability. 
  • Conversion of construction loans to permanent $95,000,000 financing completed in December 2019.
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Project Profile

Multiple parcel development of a new construction 80/20 mixed-income residential and retail tower in Downtown Brooklyn.