Simon Dushinsky Of Rabsky Group Secures $286M Construction Loan In Gowanus NYC

The development site located at 313 Bond Street in Gowanus, Brooklyn, consisting of 604 units with a building square footage of 567,000, was the asset involved in the transaction. Rabsky Group, led by Simon Dushinsky, secured a $286 million construction loan from G4 Capital Partners for this multifamily building project, leveraging the 2021 rezoning of the area.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $286,000,000
• Address: 313 Bond Street
• Market: Gowanus, Brooklyn
• Lender: G4 Capital Partners - Robyn Sorid
• Landlord: Simon Dushinsky - Rabsky Group
• Broker: Henry Bodek - Galaxy Capital

The $286 million construction loan was facilitated by G4 Capital Partners, with Robyn Sorid representing the lending entity. Simon Dushinsky, the head of Rabsky Group, successfully secured the financing for the project at 313 Bond Street near the Gowanus Canal, underlining the commitment to the development of the 604-unit multifamily building.