trending Market Intelligence /marketintelligence/en/news-insights/trending/ERjnqv-tSmjYIV6229no9Q2 content esgSubNav
In This List

Citigroup partnership provides $188.5M loan for Richman's NYC project

Blog

Japan M&A By the Numbers: Q1 2022

Blog

Global M&A by the Numbers: Q2 2022

Blog

SEC Climate Disclosure Requirements Heating Up: How to Take Action

Blog

Infographic 2022 Top Tech Trends Shaping Corporations


Citigroup partnership provides $188.5M loan for Richman's NYC project

The Richman Group secured $188.5 million in public and private financing for the construction of its mixed-use development in East Harlem, New York City, Commercial Observer reported, citing property records.

A collaboration between the New York City Housing Development Corp., the city's Department of Housing Preservation and Development and Citigroup Inc. provided the loans for the 19-story, 404-unit project on 201 E. 125th St., according to the publication.

The transaction for the three-category loan closed on the eve of Jan. 1, the Jan. 11 report added.