Kramer Levin Advises Customers Bank in Connection With $64 Million Construction Financing of Bronx Mixed Use Development

Kramer Levin represented Customers Bank in connection with its $64 million construction financing of a mixed-use development project located in the Bronx, New York City. The development will include 200 residential units across approximately 144,238 square feet of rentable residential area and approximately 2,711 square feet of rentable retail area. The transaction closed on Sept. 28, 2023.