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Brause Realty, Inc. Mixed-Use Development Project in Long Island City, NY

Representation of Brause Realty, Inc. in connection with the purchase and assemblage of land—through a foreclosure process—to develop a 272-unit, mixed-use, multifamily residential apartment building in the Court Square neighborhood of Long Island City, the westernmost residential and commercial neighborhood of the New York City borough of Queens. Our team assisted Brause in entering into a joint venture made up of three substantial real estate investment firms, which then closed on $105 million construction financing through M&T Bank and the Bank of New York Mellon Corporation.

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