The “revolutionary” green bond financing for the ambitious Destiny USA mega-mall project in Syracuse, New York may lose its tax-exempt status because the developer has failed to incorporate certain green design features as promised in its application to the IRS for the exemption.
Tag Archives | green building financing
Dust Clearing at Riverhouse as Developer Secures $61M in Additional Financing
By Stephen Del Percio on June 17, 2010 in Battery Park City, Finance, Manhattan, New York City, Riverhouse
The news that CBRE Capital Partners has originated $61 million in financing for the LEED Gold-hopeful Riverhouse condominium project also provides a bit of backdrop to the fledgling Gidumal litigation.