{"id":353790,"date":"2026-09-22T18:52:51","date_gmt":"2026-09-22T18:52:51","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/353790\/"},"modified":"2026-09-22T18:52:51","modified_gmt":"2026-09-22T18:52:51","slug":"new-empire-receives-75m-in-construction-financing-for-brooklyn-multifamily-project","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/353790\/","title":{"rendered":"New Empire Receives $75M in Construction Financing for Brooklyn Multifamily Project"},"content":{"rendered":"<p>3<\/p>\n<p class=\"wp-block-paragraph\">NEW YORK CITY \u2014 Locally based developer New Empire has received $75 million in construction financing for a new multifamily project that will be located in Brooklyn\u2019s Flatbush neighborhood. The financing consists of a $58 million senior loan from Madison Realty Capital and a $17 million mezzanine loan from Naftali Credit Partners. Designed by Morali Architects with interiors by Paris Forino, the project at 757 Flatbush Ave. will be a nine-story building with 131 residences and 3,348 square feet of commercial space. Units will come in studio, one-, two- and three-bedroom units. Details on the amenity package were not disclosed.<\/p>\n","protected":false},"excerpt":{"rendered":"3 NEW YORK CITY \u2014 Locally based developer New Empire has received $75 million in construction financing for&hellip;\n","protected":false},"author":2,"featured_media":353791,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[98,100,99,9,24,63],"class_list":["post-353790","post","type-post","status-publish","format-standard","has-post-thumbnail","category-brooklyn","tag-brooklyn","tag-brooklyn-headlines","tag-brooklyn-news","tag-new-york","tag-new-york-city","tag-nyc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/353790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=353790"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/353790\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/353791"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=353790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=353790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=353790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}