Rockefeller, Park Tower land $200M to build at Greenpoint Landing

Rockefeller Group and Park Tower Group have secured a $200 million construction loan to build a 40-story residential tower at 16 Dupont Street as part of the Greenpoint Landing development. Japan-based Sumitomo Mitsui Trust Bank took over financing on the project with a $230 million agreement that retires $30 million originated by Signature Bank, records show. The tower will have 378 residential units, and 2,700-square-feet of retail space. A portion of units will be set

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