JDS and PMG secure $45M financing for condo project in Hell’s Kitchen

January 21, 2013

Source: The Real Deal

JDS Development Group and Property Markets Group have secured $45 million in financing for their luxury condominium development in the former Verizon building in Hell’s Kitchen. The consortium’s broker Jason Cohen, the managing director of Mission Capital Advisors, told the Journal that the team’s track record of working together had eased any skittishness the bank, PB Capital, may have had.

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