A partnership of Dynamic Star, Namdar Realty Group and Gorjian Acquisitions has secured a $70M loan to refinance a mixed-use development the joint venture is planning to build on an underutilized 14-acre waterfront site in the Bronx.

The site of the mixed-use project, known as Fordham Landing, on 2475 Exterior Street is about a half a mile from Yankee Stadium, adjacent to the University Heights neighborhood.

The waterfront property on the Harlem River is one of the last pieces of undeveloped waterfront land in NYC.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.