$ 5,250,000 – Manhattan, NY (Financial District)

$ 425,000 – Cold Spring Harbor, NY (North Shore Long Island)
June 17, 2016
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$ 5,250,000 – Manhattan, NY (Financial District)

Nova Bridge Capital structured and placed a $5,250,000 bridge loan secured by a6,000 SF luxury condominium in Lower Manhattan, NY. The property is located inthe heart of the Financial District, steps from the Freedom Tower, the September 11Memorial and Museum and benefits from the transformation of Lower Manhattaninto a thriving 24/7 neighborhood. Further, the property also has immediate accessto the NYC Transportation Hub of which the Oculus is the aesthetic and retailcenterpiece. The bridge loan was used to refinance existing mortgages andprovided approximately $500,000 cash out that enabled the borrower torecapitalize his manufacturing business.

Harold Buri
Managing Partner
631-379-7960 (direct)
h.buri@novabridgecapital.com