15-Story Condo & Retail Project At 809 Broadway Lands Financing, Greenwich Village
IDM Capital, manager to the developer 809 Broadway Associates LLC, has received a $30 million construction loan for their 15-story, 10-unit condominium building at 809 Broadway, three blocks south of Union Square, in Greenwich Village. According to Commercial Observer, the project, an expansion of the existing five-story building, will measure 40,000 square feet, with a 5,000 square-foot retail portion spanning the ground and basement levels. ODA is designing, and completion is expected in 2017 or 2018.