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Midwood Investment & Development is making its next move towards a major project in Brooklyn’s Gowanus neighborhood. John Usdan’s firm secured $200 million in construction financing for its project at 200 Douglass Street, the Commercial Observer reported. The loan will help support the multifamily development, expected to wrap in the fall of 2027. Affinius Capital provided the loan for the 21-story, 276-unit project at the corner of Douglass and Bond streets. The development is expected to include 20,000 square feet of retail space on the ground floor. Units in the building will range from studio to three-bedroom layouts. Residential amenities […]

This article originally appeared on The Real Deal. Click here to read the full story.

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