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Addabbo, Resorts World Reunite for Three-Day Virtual Job Fair

Addabbo, Resorts World Reunite for Three-Day Virtual Job Fair
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Largest Outer-Borough Real Estate Loans November 2020


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From left: Eliot Spitzer, 420 Kent Avenue, Two Trees Management’s Jed Walentas  and 300 Ashland Place in Brooklyn (Photos via Getty; ODA Architecture, 300 Ashland)
While outer-borough loan activity in November fell short of October’s nearly $2 billion, it was an improvement over previous months. In total, the total volume of the top 10 loans was $1.34 billion a big increase over the $494 million in activity in September.
The largest loan was a $298 million refinancing deal for Eliot Spitzer’s massive development at 420 Kent Avenue in Williamsburg, followed by a $193.9 million loan for Two Trees Management’s rental building at 300 Ashland Place in Fort Greene. ....

New York , United States , Mott Haven , Rego Park , New Providence , Crown Heights , Eliot Spitzer , Bergen Brooklyn , Jed Walentas , Ashland Brooklyn , Arquitecto Enrique Norten , Morgan Stanley , Wells Fargo Bank , Realty Group , Riverside Developers United States , Wells Fargo , Turner Towers , Sterling National Bank , Bank Leumi United States , Goldman Sachs Bank , Deutsche Bank , Alma Realty , Benzion Wachsman Andrews Plaza Holdings , York City Community Bank , Vornado Realty , Two Trees Management ,