Michael Auriema Secures $2.5 Million Construction Loan For Development Site At 313 East 6th Street

The transaction involves a development site located at 313 East 6th Street in the East Village. The landlord of the property is Michael Auriema, and the total amount of the construction loan secured for this project is $2,500,000.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $2,500,000
• Landlord: Michael Auriema
• Landlord's Representative: Jaden Lander & Adam Croman - Tahari Realty
• Loan Type: Construction

Tahari Realty's Capital Advisory division facilitated the loan, effectively navigating challenges such as a building-wide fire and a Department of Buildings vacate order. The team exemplifies a wealth of knowledge and capability within the real estate sector, reinforcing Tahari Realty's reputation as a trusted advisor for various clients including institutional investors and high-net-worth individuals.