Northwind Group Funds $63 Million Gramercy Condominium Development

Northwind Group, a Manhattan-based real estate private equity firm, has provided a $63 million construction loan for a 54-unit condominium project in Gramercy, New York City. The project, developed by T&E 1 Development and Minrav Group, will feature amenities such as a doorman, residents’ lounge, gym, and rooftop terrace. This loan marks Northwind’s continued investment in the New York City condominium market, demonstrating their confidence in the city’s ongoing residential demand.

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