Greystone has provided an $18.3 million Fannie Mae loan to refinance a 154-unit multifamily property located at 400 Herkimer Street in Bedford-Stuyvesant, Brooklyn. The six-story residential building offers studios to three bedroom apartments. Anthony Cristi of Greystone originated the fixed rate financing with a 10 year term and 30 year amortization.
City Issues Request for Proposal for Gansevoort Square Redevelopment
The New York City Economic Development Corporation (NYCEDC) has released a Request for Proposals (RFP) to revitalize Gansevoort Square, located