808 East 170th

Hershy Silberstein, through Gws East 170 LLC, secured a $30.4 million construction loan from NorthEast Community Bank for seven properties in East Morrisania, Bronx, including 800, 802, and 808 East 170th Street. The project involves a 28-unit, 16,226-square-foot residential building (R-2), permitted in August 2023. The loan covers properties with a combined 10,594 square feet of built space and 70,429 square feet of additional air rights, totaling 81,042 buildable square feet.