Benjamin Shaoul’s Magnum Real Estate Group secured a $25 million construction loan from Israel Discount Bank for a 20-unit condo project at 815 Broadway, Greenwich Village. The project, filed in December 2020, involves a 29,915-square-foot residential building. Previously, Flagstar Bank held an $8.8 million loan on the property. The site has a buildable area of 8,510 square feet and a 2022 market value of $1.3 million.
Benjamin Shaoul’s Magnum Real Estate Group
