Red Apple Group Secures Construction Loans for 32-Story Tower at 86 Fleet Place

86 Fleet Place86 Fleet Place, rendering from the Red Apple Group

Revealed by YIMBY last October, Red Apple Group has succeeded in securing $155 million in loans for the 32-story, 440-unit mixed-use building planned for 86 Fleet Place in Downtown Brooklyn, per The Real Deal. The 395,000 square-foot tower will include 10,000 square feet of retail space, and ground breaking is likely now imminent.

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