Courtesy of S3 Capital.
NEW YORK CITY – S3 Capital Partners, a New York City-basedlending platform, has lent $50 million to the Loketch Group andMeral Property Group for the renovation of 10 Quincy St. and forthe ground-up development of 26 Quincy St. in the Clinton Hillsubmarket of Brooklyn.
The property at 10 Quincy St.will be turned into condominiums, while 26 Quincy St. will serve asmultifamily apartment buildings, together they'll bring a total of90 new units and parking to the market that has experiencedsignificant recent residential development.
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