Bruman Realty lands $66M construction loan for Astoria apartment building

Bruman Realty is moving forward with its planned 18-story multifamily building in Astoria. Scale Lending, the financing arm of Slate Property Group, provided the Brooklyn-based developer with a $65.9 million construction loan, the lender told The Real Deal. SHB Group arranged the financing. Bruman’s plans to build a 290,000-square-foot building on the site at 26-25 Fourth Street received approval from the city in June. The 204-foot-tall structure will feature 165 residential units, of which 30

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