Signature Bank Provides $40M Loan For Development Site At 102-110 John Street In Fidi, Manhattan

The development site located at 102-110 John Street in the Fidi neighborhood of Manhattan, New York, has recently undergone a closed transaction. The property encompasses an undisclosed amount of square footage and was involved in a deal with a loan amount of $40 million.

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $40 million
• Lender: Joseph J. DePaolo from Signature Bank
• Landlord: Matthew Moinian, Joseph Moinian, and Mitchell Moinian from Moinian Group
• Broker: Drew Anderman and Alan Blank from Meridian Capital Group

The closed transaction involved various key individuals and companies. Joseph J. DePaolo from Signature Bank provided the loan amount of $40 million. The property's landlord was the Moinian Group, represented by Matthew Moinian, Joseph Moinian, and Mitchell Moinian. The deal was facilitated by brokers Drew Anderman and Alan Blank from Meridian Capital Group.