Granite Management borrows $6M from Metropolitan Commercial Bank for retail condo in Long Island City

March 4, 2020 6:22 am

Etai Gross’s Granite Management through the entity Granite QP Retail LLC as borrower signed a loan agreement with lender Metropolitan Commercial Bank valued at $6.3 million for 2 parcels, including the tax class other (OT) at 29-11 Queens Plaza North in Long Island City. The deal closed on February 27, 2020 and was recorded on March 3, 2020.

The DOB issued a new construction (NB) initial temporary certificate of occupancy for the building with 292 hotel units on May 10, 2016.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link

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