Valley National Bank Provides $25.8M Construction Loan For Midwood Multifamily

1769 Coney Island Avenue

Lay Assets Acquires Development Site In Midwood, Brooklyn For $12M With $12M Loan From Valley National Bank

Eddie Yair

1206 Ocean Parkway

Twenty-seven years ago, Lay Assets introduced their legacy to New York City. As a Fair Practice construction company based in Brooklyn, they have spent the past fifteen years creating beautiful multi-story luxury buildings throughout the borough–earning them the reputation as a respected company in New York’s Real Estate landscape.

With forty-five years of combined experience, each partner brings a well-honed knowledge of business to their collective expertise in construction, real estate, & development, creating a specialized, all-encompassing approach to their endeavors. As a team, they have spent the past five years thriving on several projects while they pursue further ventures together.

In 2015, Lay Assets partnered with STAREALTY Estate, LLC, a successful full-service real estate agency [with an in-house architect], dedicated to matching prospective homeowners and renters with their dream homes. This partnership has provided the leverage to expand their business as developers and allowed the real estate team to quickly sell the developments.