Related, L&B Realty land $100M loan for Yorkville rental tower

Related Companies and Texas-based L&B Realty Advisors obtained a $100 million loan for the Ventura in Yorkville, according to property records filed with the city Wednesday. The property, located at 240 East 86th Street between Second and Third avenues, is a 22-story rental building with 246 units. The retail space at the base of the building is occupied by grocery chain Fairway Market. The tower contains a mix of studios to four-bedroom units with prices starting at $2,695 […]

Source: Real Estate

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