David Halberstam Secures $11M Refinancing Loan For Development Site On Grand Street In Williamsburg, Brooklyn

David Halberstam, through the entity 630 Grand St LLC, secured an $11 million refinancing loan with Bank of Princeton for a 22-unit project at 630 Grand Street in Williamsburg, Brooklyn. The development site has a building square footage (BSF) of 13,691 and is located in the bustling market of Williamsburg, Brooklyn.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $11,000,000
• Lender: William McCoy - Bank of Princeton
• Landlord: David Halberstam
• Date: 11/30/2023
• Address: 630 Grand Street
• Market: Williamsburg, Brooklyn

In this refinancing deal, David Halberstam secured the loan from William McCoy, who represents the Bank of Princeton. The property, situated at 630 Grand Street in Williamsburg, Brooklyn, is owned by David Halberstam, acting as the landlord. The loan amount for this transaction is $11,000,000 and the loan type is a refinance.