The document provides an overview of the investment in 'The Hall', a 675,000 square foot office and light industrial complex in Brooklyn, NY, acquired by RXR NY Metro Emerging Sub-Market Venture in March 2016. The property is under redevelopment to become a creative office complex. The investment supports community development and offers opportunities for new businesses. A loan of up to $162 million was secured for the project, with plans to sell the property to the RXR Qualified Opportunity Zone Fund.
doj/DataSet10/EFTA01374649.pdf
{"title":"PIPELINE: THE HALL - BROOKLYN NY","key_people":["David Gise"],"document_date":"2016-03","document_type":"tabular","key_locations":["Brooklyn, New York","Brooklyn Navy Yard"],"document_subtype":"investment overview","key_organizations":["RXR NY Metro Emerging Sub-Market Venture","RXR Qualified Opportunity Zone Fund","Center for Social Innovation"]}