Cases & Deals

Goldman Sachs provides financing for construction of residential and commercial condominium building in New York City, New York

Client(s) Goldman Sachs & Co.

Jones Day represented Goldman Sachs & Co. as construction lender in connection with the construction of a condominium building in New York City, New York. The building will consist of (i) 44 market-rate residential for-sale condominium units; (ii) 11 moderate-income residential for-sale condominium units; (iii) one community facility condominium unit containing approximately 16,272 gross square feet; (iv) one commercial condominium unit containing approximately 11,755 gross square feet intended for commercial use for retail purposes; (v) one commercial condominium unit containing approximately 19,733 gross square feet intended for commercial, retail or community facility use; (vi) one commercial unit containing approximately 4,308 gross square feet intended for commercial use as a catering facility; and (vii) one commercial condominium unit containing approximately 17,808 gross square feet intended for commercial use as a bowling alley.