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PNC lends art storage company $57M for Bushwick buy

5 monthes ago   |   By The Real Deal New York

PNC Bank is helping Steven Guttman's fine art storage company with its acquisition and renovation of a Brooklyn warehouse. The lender provided about $57.4 million to Uovo to finance its purchase and renovation of 105 Evergreen Avenue in Bushwick, according to a filing recorded with the city's finance department. Steven Novenstein, Uovo's CEO, declined to comment on the terms of the financing. The debt closed in December, around the time Uovo purchased the two-story, roughly...
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