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TRD: TF Cornerstone gets $250M financing for DoBro resi development

Thomas and Fred Elghanayan’s TF Cornerstone secured a $250 million mortgage from the New York State Housing Finance Agency for its planned 714-unit residential building at 33 Bond Street, according to property records filed with the city today.

TF Cornerstone is building a 25-story building at the Downtown Brooklyn site, which will contain 714 units, 143 of which will be affordable. The project will total 599,375 square feet, including 546,480 square feet of residential living space and 30,000 square feet of retail space on the lower level.
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rendering: http://newyorkyimby.com/2014/07/permits-filed-33-bond-street.html

 

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Downtown Brooklyn's Soaring New Rental 33 Bond Street Launches Leasing for Summer Grand Opening
April 19, 2017
New York-based real estate firm TF Cornerstone has launched their new Downtown Brooklyn rental high rise 33 Bond Street - the company's first residential property in the borough - and will begin to welcome residents this summer to the more than 700 studio, 1- and 2-bedroom apartments within the 25-story building designed by Handel Architects.

Located at the corner of Bond Street and Livingston Street, 33 Bond joins a well established yet thriving neighborhood which has had a surge of new development in recent years. The innovative nature of the neighborhood served as inspiration for the project, which caters to creatives and millennials attracted to lifestyle-driven amenities like co-working and collaborative spaces. A new website recently launched debuting new renderings, a full list of amenities, and also pricing. Monthly rent for studios ranges from $2,225 to $2,500, 1 bedrooms from $2,860 to $3,685, and 2 bedrooms from $4,230 to $5,170.






More RENDERINGS here.
 
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