Month: July 2018
Developer Gets Loan for Downtown Brooklyn Office
500,000-square-foot office tower is slated for completion in early 2021 The developer behind a Brooklyn downtown office project has landed a $235 million construction loan from a large Canadian real-estate lender. JEMB Realty Corp. secured the loan from Otéra Capital, one of Canada’s largest real-estate debt providers, marking a milestone for One Willoughby Square, a […]
Too Long to Drive, Too Short to Fly? Brightline Seeks to Solve a Common Travel Dilemma
When distances between cities are great, air travel may be the only practical way to travel. When distances are short, driving or public transportation may offer alternatives. But many times, the distance between U.S. cities falls somewhere in-between these two extremes. Brightline—the only privately owned, operated and maintained passenger railway system in the U.S.—has a […]