East Harlem Scholars Academy Charter School Secures $49.7M Construction Loan From Goldman Sachs

A development site located at 2017 First Avenue in East Harlem, Manhattan has been involved in a recent transaction. The property, which is owned by East Harlem Scholars Academy Charter School and represented by Jeffrey Ginsburg, has secured a construction loan.

Summary of transaction details

• Property Type: Development site
• Transaction Amount: $49,692,000
• Lender: Goldman Sachs
• Landlord: East Harlem Scholars Academy Charter School - Jeffrey Ginsburg
• Loan Type: Construction

The loan has been provided by Goldman Sachs to facilitate the development of the property. East Harlem Scholars Academy Charter School, under the representation of Jeffrey Ginsburg, has successfully secured the loan for the construction of the development site located at 2017 First Avenue in East Harlem, Manhattan.