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Kings Capital Buys FiDi Landmark for $30M | Real Estate News

Kings Capital Buys FiDi Landmark for $30M | Real Estate News

Published 2 weeks, 6 days ago
Description

Kings Capital just splashed $30 million on a 17-story Financial District relic—once a hospital staff dorm, now gutted and ready for a $60 million rebuild into 108 market-rate apartments and retail, with rooftop views of the East River and Brooklyn Bridge. After nearly two years of negotiations, the firm’s securing a $41 million construction loan and plans to expand from 90 to 108 units, signaling a bold push into Manhattan’s core with a fresh wave of urban conversions.

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