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Daily Archives: December 30, 2016

JV Secures $150M Construction Loan for Queens Tower

https://www.multihousingnews.com/post/jv-secures-150m-construction-loan-for-queens-tower/ AIG is providing the financing for the luxury community, set to open in early 2018. New York—Quadrum Global, in partnership with Simon Baron Development, secured a $150 million construction loan for a luxury residential tower in Long Island City, Queens. Located at 29-26 Northern

Controversial Queens landlord Rita Stark passes away

Who she was Rita Stark was not very popular among Queens developers. Many of her critics faulted her with blocking a $91 million revitalization plan for Far Rockaway. Nevertheless, the landlord has recently passed away. She divided her many multifamily holdings between her brother and