The new financing package includes a $103.3 million gap mortgage and replaces a $276.7 million construction loan from Capital One, according to documents from the city’s Department of Finance.
The 40-story, 554-unit tower topped out in late 2016, and TCOs were issued in the third quarter of 2017. It is part of Douglaston’s four-building, 2,000-plus unit complex on the Williamsburg waterfront.
Natixis could not immediately be reached for comment. In a statement, Douglaston’s chair Jeff Levine said leasing is “on time and on budget” and that the loan deal went “smoothly.”