Simon Kaufman signs $44M construction loan with Bridge City for development in Mott Haven

Simon Kaufman through the entity 310 Grand Concourse LLC as borrower signed a new construction loan with lender Bridge City Funding through the entity Bcc Grand Concourse LLC valued at $44 million for the development site (V1) at 310 Grand Concourse in Mott Haven, Bronx.
The deal closed on July 30, 2021 and was recorded on August 20, 2021.
(220696860) Plans for a 150-unit, 135,106 square-foot R-2 were filed on March 28, 2019.

The owner bought the property on 23-Oct-18, for $9.5 million.
The signatory for Simon Kaufman was Simon Kaufman.

Direct link to Acris document. link