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Luxury rentals prove loan-worthy in outer boroughs

Posted On: Jan 24, 2022   |   Posted By: The Real Deal New York

Lenders judged luxury rentals worth the risk and several office properties also made the list of the 10 largest loans issued in New York City's outer boroughs last month. The loans totaled $1.3 billion, down from $1.7 billion for September's top 10. A year-ago comparison shows lenders extended nearly $2 billion over the largest financing packages in October 2020. Brooklyn led the way last month with eight of the biggest property loans while projects in

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