Lightstone lands $305M loan for proposed FiDi condo tower

The condo tower on the east side would rise 1,049 feet, making it the tallest tower in Miami, PMG Principal Ryan Shear previously said. The details of that condo proposal haven’t been finalized. "This loan puts PMG in the driver’s seat to pre-develop the site over the next two years," Flores said.

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Nearly 25 Distressed Downtown Fort Lauderdale And Beach Condos Purchased In First Half Of 2017; More Than 3,000 New Downtown Fort Lauderdale And Beach Condos In south florida development Pipeline During This Cycle; Downtown Fort Lauderdale And Beach Market Faces 23-Month Supply Of Luxury Condos Listed For Sale

Image courtesy Lightstone Group . With demolition complete and excavation almost finished at 130 William Street in Manhattan’s Financial District, construction is expected to begin imminently on a new tower by David Lichtenstein’s Lightstone Group. Lightstone’s current plans for the massive new condominium tower have supplanted prior plans for a mixed-use hotel.

130 William is a residential high-rise tower currently under development in the Financial District of Manhattan.The building is being developed by Lightstone and was designed by British architect Sir David Adjaye.. History. Lightstone purchased the former 12-story office building at 130 William Street in May 2014 for $60 million after the previous owner defaulted on a mortgage from East West Bank.

Viji Durga. Posts. Charter School. Lightstone Lands $70M in EB-5 Funding for Manhattan Hotel. On track for a September opening, want to landmark the two low-rise buildings on this River North site where Symmetry Property Developmenthad planned a condo-hotel tower (inset).

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Back in January, the Lightstone Group?best know around these parts for their massive Gowanus development?picked up a few pieces of property on Fulton Street in the Financial District. The $63.

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The building is being developed by Lightstone and was designed by British architect sir david adjaye. history . Lightstone purchased the former 12-story office building at 130 William Street in May 2014 for $60 million after the previous owner defaulted on a mortgage from East West Bank.

In March, Lightstone announced that it had secured a $305 million construction loan for the 130 William Street project, an impressive feat given the tight lending market for high-end luxury condo.