Simon Dushinsky and Isaac Rabinowitz’s Rabsky Group received about $134.2 million from Berkadia to refinance its Long Island City apartment complex on Purves Street.
The financing package for the development, known as Halo LIC, also includes a gap mortgage for about $8.1 million, according to property records.
Rabsky purchased the Halo LIC site at 44-35 Purves Street in 2013 for $32.2 million, and it’s the company’s first project in the neighborhood. The complex has 284 units overall, according to StreetEasy.
Rabsky and Berkadia did not immediately respond to requests for comment.