The Traderszone Network

Published in TZ Latest News 12 September, 2017 by The TZ Newswire Staff

New loan from M&T Bank values Empire Stores in Dumbo at $415M

M&T Bank provided a $250 million loan to the developers of the Empire Stores, seven warehouses along the Brooklyn waterfront that have been converted to offices and retail space. The restored 443,000-square-foot complex at 53-83 Water Street in Dumbo was reopened in the summer of 2016 after sitting vacant for decades. The developers, Midtown Equities in partnership with Rockwood Capital and HK Organization, won a bid in 2013 to redevelop the site and signed a […]

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