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MAG Partners Announces Construction Financing for 480-Unit Affordable New York Development in Chelsea

MAG Partners Announces Construction Financing for 480-Unit Affordable New York Development in Chelsea

New York, NY, Oct. 23 (Korea Bizwire) — MAG Partners today announced that it has secured a $173 million construction loan from Madison Realty Capital that will allow work to commence next month on a 479-unit rental residential building at 241 W. 28th Street in Chelsea. The project will be developed under the Affordable NY program [...]