171 Calyer Street
$22M Loan Issued for Greenpoint Residential Project
Developer, , has just obtained a $22.06 million loan for an approved 6-story mixed-use project, set for 171 Calyer Street in Greenpoint, Brooklyn. Issued by Israel Discount Bank, this influx of capital will be used to fund construction from the ground up.
The building will contain rental apartments and square feet of retail space, located on the ground floor. Residents will have access to a communal recreation room on the second floor, and some units will be offered with outdoor terraces.