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“Statue of Peace” Part of Lineup at Korean Parade in New York’s Manhattan District

“Statue of Peace” Part of Lineup at Korean Parade in New York’s Manhattan District

SEOUL, Oct. 8 (Korea Bizwire) — The Korean American Association of Greater New York announced on October 6 that the “Korean Parade” it had hosted in New York’s Manhattan district that afternoon ended successfully. This was the 38th parade organized by the association. The parade featuring a Korean traditional percussion band and parade floats marched [...]

New York City Real Estate Coin (NYCREC), A Tokenized Real Estate Fund with Cashflow Dividends, Announces Regulation S ICO in Q4 2018

New York City Real Estate Coin (NYCREC), A Tokenized Real Estate Fund with Cashflow Dividends, Announces Regulation S ICO in Q4 2018

NEW YORK, Sept. 6 (Korea Bizwire) —  New York City Real Estate Coin (NYCREC), a tokenized real estate fund that allows token holders to enjoy the benefits of fractional ownership of real estate in New York City, has just announced that its Regulation S* securities token offering (STO) will begin in Q4 2018. What is [...]

Madison Realty Capital Provides $167.5 Million of Financing to Restructure Madison Square Park Tower, Luxury Condo Project at 45 East 22nd Street

Madison Realty Capital Provides $167.5 Million of Financing to Restructure Madison Square Park Tower, Luxury Condo Project at 45 East 22nd Street

NEW YORK, Jun. 11, 2018 (Korea Bizwire) — Madison Realty Capital (MRC) closed a $167.5 million first mortgage loan collateralized by Madison Square Park Tower, a luxury condominium development located at 45 East 22nd Street in the Madison Square Park neighborhood of Manhattan.  In a complex multi-party transaction MRC rapidly delivered financing to Ian Bruce Eichner [...]

Madison Realty Capital Provides $35 Million Mezzanine Loan for 611 West 56th Street Condominium Development in Hell’s Kitchen

Madison Realty Capital Provides $35 Million Mezzanine Loan for 611 West 56th Street Condominium Development in Hell’s Kitchen

NEW YORK, Apr. 25 (Korea Bizwire) — Madison Realty Capital (MRC) provided a $35 million mezzanine loan to co-developers Sumaida + Khurana and LENY for a new condominium tower located at 611 West 56th Street in the Hell’s Kitchen neighborhood of Manhattan. The funding is part of a $155 million construction financing package for the [...]

Supporters Hold Creative Events in Celebration of President Moon’s Birthday

Supporters Hold Creative Events in Celebration of President Moon’s Birthday

SEOUL, Jan. 25 (Korea Bizwire) — President Moon Jae-in’s supporters held a number of events in celebration of his 66th birthday yesterday, including keyword ranking and donation goals. As part of a series of events, President Moon’s supporters made joint efforts to popularize ‘PyeongChang Olympics’ on the internet, resulting in the keyword dominating major search engines’ [...]