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Luxury Apartment Project in Queens Secures $265M Loan

LONG ISLAND CITY, NY-A consortium comprising Capital One, Bank of America, M&T Bank and Wells Fargo has offered $265 million loan to TF Cornerstone for the development of an 850-unit high-end apartment tower at 4545 Center Blvd in Queens.
Reprinted with permission from the Mon, 5 Dec 2011 01:01:00 -0500 online edition of GlobeSt © 2021 ALM Media Properties, LLC. All rights reserved. Further duplication without permission is prohibited, contact 877-256-2472 or reprints@alm.com.