Rabsky Group and Chetrit Group secured a 165 m construction loan from G4 Capital Partners for a 58-unit development at 259 East 71st Street in Lenox Hill, Manhattan. The project includes a 166,764-square-foot residential building and a smaller four-unit structure, both unpermitted. The prior loan from G4 was 61.2 m. Shimon Dushinsky signed for the borrowers, and Robyn Sorid signed for the lender. Rabsky joined the project last year.
Rabsky Group and Chetrit Group
