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Mixed-Use Brooklyn Development Gets $140 Million in Construction Financing

Project Is Among First To Rise Since Gowanus Rezoning Last Year
Majestic, a mixed-use Brooklyn development at 540 DeGraw St., depicted in a rendering, has landed $140 million in construction financing. (JLL)
Majestic, a mixed-use Brooklyn development at 540 DeGraw St., depicted in a rendering, has landed $140 million in construction financing. (JLL)
CoStar News
September 12, 2022 | 9:58 P.M.

A ground-up mixed-use development with 255 rental housing units in New York’s Brooklyn has landed $140 million in construction financing.

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