Cushman & Wakefield Closes $104M Loan in Long Island City

by Amy Works

NEW YORK CITY — Cushman & Wakefield has closed a $104 million loan in the Long Island City neighborhood of Queens. The loan is collateralized by a nine-parcel development site north of One Court Square. The site offers 780,000 buildable square feet potential for residential, office, retail and hotel use. Morris Betesh of Cushman & Wakefield handled the financing. The name of the borrower was not released.

You may also like