- Developers of the 67-story Court Square City View Tower in Long Island City, New York, have secured a $502 million construction loan for the building, which will be the tallest residential tower in Queens when completed, reported GlobeSt.com. Total project costs are estimated to be $700 million, according to The Real Deal. Meridian Capital Group of New York City negotiated the deal for the development team of United Construction & Development Group, FSA Capital and Risland U.S. Holdings, LLC and said it was the biggest loan for a private project in the borough as well.?
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