Eichner, Lincoln Equities closes on purchase of Crown Heights megaproject site

Fortress Investment Group has given a $35.4 million loan to Ian Bruce Eichner’s Continuum Company and Joel Bergstein’s Lincoln Equities for the acquisition of the site of their massive residential project in Crown Heights, The Real Deal has learned. The 18-month acquisition loan allows the companies to close on the site and finance their rezoning application, according to Eichner. The companies plan to develop four buildings on the parcels at 120-136 Montgomery Street and 964-968 […] Read More >> https://therealdeal.com/2017/11/20/eichner-lincoln-equities-closes-on-purchase-of-crown-heights-megaproject-site/

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