Clifford M. Stein and Frederic M. Umane borrow $17M from The Union Labor Life for property in Tribeca

Clifford M. Stein and Frederic M. Umane through the entity 14 White Street LLC as borrower signed a loan agreement with lender The Union Labor Life Insurance Company valued at $17 million for 2 parcels, including the tax class licensed parking lot (G6) at 14 White Street in Tribeca. The deal closed on February 26, 2020 and was recorded on March 10, 2020.

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000.There has been one new building permit application totaling 19,032 square feet. Those plans include a total of 10 residential or hotel units.
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Direct link to the city’s interactive property map, ZOLA. link

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