NYS agency provides $290m loan on Brooklyn development

MREG formed a joint venture with Palin Enterprises to develop the site in August 2014, city records show. Palin purchased the site in 2006 for $84.57 million.

7 July 2016•1 min read

MREG formed a joint venture with Palin Enterprises to develop the site in August 2014, city records show. Palin purchased the site in 2006 for $84.57 million.