Timber Equities, led by Joseph Seidenfeld, secured a $33 million acquisition loan from Genesis LLC, signed by Ezra Husney, for a development site spanning 329 to 343 West 25th Street in Chelsea, Manhattan. Timber Equities purchased the site for $48.2 million. The properties allow for approximately 128,375 buildable square feet as-of-right under R8 zoning, offering potential for residential or community facility development.
Timber Equities
