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Real Estate Rumors: Rybak, China Vanke, Gramercy

By Andrew McIntyre (June 29, 2017, 7:42 PM EDT) -- A venture of Rybak Development and BK Developers has scored a $19 million construction loan from Bank of Princeton and Northeast Community Bank for a condo project in Williamsburg, Brooklyn, Commercial Observer reported on Thursday. The financing is for Element88, which is slated to have 33 units and 5,000 square feet of retail space, and the loan is for 24 months, according to the report....

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