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Empire State Realty Trust, Inc. acquired remaining stake in Multifamily asset in Manhattan from Fetner Properties, Inc.

Empire State Realty Trust, Inc. acquired remaining stake in Multifamily asset in Manhattan from Fetner Properties, Inc. on April 1, 2024. Proceeds will be used for a greater return on Fetners new...
Hal Fetner Office Of Fetner Properties Empire State Realty Trust Inc Fetner Properties Inc Empire State Realty Trust Fetner Properties

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JLL Capital Markets Group Arranges $350 Million Debt and Equity Capitalization for Construction of Trophy Residential Tower

NEW YORK, NY - JLL Capital Markets group announced today that it has arranged a $350 million debt and equity capitalization for the development of The Italic, a to-be-built, 363-unit, luxury mixed-use community located at 26-32 Jackson Ave. in Long Island City. The property will include 283,000 square feet of residential space and 10,000 square feet of commercial retail space. JLL exclusively represented the borrower, American Lions, a joint venture between Fetner Properties and the Lions...
Long Island City New York United States Queensbridge Park Nicco Lupo Rob Hinckley

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