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Javascript is disabled in your web browser. For full functionality of this site it is necessary to enable JavaScript. Please Allow Javascript and reload this page. These were the top outer-borough loans in December Amazon warehouse project was the biggest by far New York / RXR CEO Scott Rechler with 56-19 Grand Avenue, Queens (Getty, RXR) The 10 largest outer-borough loans in December totaled $1.17 billion, a sharp drop-off about 40 percent from the November total of nearly $2 billion. But one loan stood out from rest, and it’s no surprise Amazon was involved. That $272.9 million loan from JPMorgan Chase partially finances a project to develop a mega warehouse in Queens for the e-commerce behemoth. ....
Rendering of 22-43 Jackson Avenue (Trader Joe’s) By any measure, 2020 was not a normal year for New York’s real estate industry. And condo filings were no exception. The total projected sellout of the planned condo projects in Brooklyn and Queens that made this year’s list was $384 million a far cry from last year’s total of just over $2 billion. In fact, the most expensive condo filing of the year a Long Island City project with a projected sellout of $79 million was just a smidge higher than the 10th-priciest project on our 2019 list. Like we said, 2020 has been weird. ....