When it comes to its plans for a massive Bronx development, Dynamic Star won’t have to go it alone.
Namdar Realty Group and Gorjian Acquisitions are joining the Fordham Landing project, combining to take an approximately 50 percent equity stake, Crain’s reported. The development is expected to cost about $2 billion.
The transaction was arranged by Meridian Capital Group’s Shlomo Weissberg on behalf of Dynamic Star.
Fordham Landing is set to be one of the city’s biggest real estate projects in recent years.
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