As Other NYC Projects Falter, Atlantic Yards Still on Track

February 18th, 2009

Amid a flurry of announcements of delayed projects in New York City, Forest City Ratner Cos. has orchestrated the $161.9 million refinancing of a loan connected to its $4 billion Atlantic Yards project in Downtown Brooklyn. Gramercy Capital Corp., which made the original loan to Brooklyn-based FCRC for the purchase of land for Atlantic Yards, provided the refinancing along with a group of co-lenders.

Commercial Property News - Northeast Realestate News

Entry Filed under: News

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