378 Broome is a 25.75 wide mixed-use development site located in Little Italy. Urban Standard plans to build a six-story building with four apartments over a retail space. We have retained HWKN to lead the architectural design.
A developer needed a base loan of $2.5MM with the ability to cover additional upgrade costs for end buyer add ons, like a roof deck and elevator. The team at Urban Standard Capital arranged an "add on" option for an additional $500k to add value to the property and allow them to maximize their sales price and profit.
Urban Standard provided a $6.5M Construction loan for an oceanfront Single Family Residential home in the Hamptons. Get in touch to find out how our team can help you also close quickly and with certainty.
Ground-Up Development ~ Tribeca
Ground-Up Development ~ Chelsea
