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BFC Partners closes on Staten Island dev site

4 monthes ago   |   By The Real Deal New York

Almost two years after filing plans for a mixed-use project in Staten Island's Stapleton neighborhood, BFC Partners has closed on the development site. BFC announced last week it closed on the site at 475 Bay Street, the Commercial Observer reported. The developer received a $99.8 million mortgage from the New York State Housing Finance Agency, which will go toward the project's projected development cost of $151 million. Plans for a project from the Empire Outlets
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