Robert A.M. Stern designing West Village spec house

The Real Deal Logo

Excerpt from The Real Deal website: RoundSquare Builders are working on their next spec house with Robert A.M. Stern’s architecture firm. The developer bought 107 Bank Street for $9.3 million on Thursday with financing from Maxim Capital Group, said Rob Kaliner, president of RoundSquare.

The off-market deal came together in 10 days. The sellers were looking to move to another townhouse in Brooklyn and needed to close by the end of September. Leslie J. Garfield’s Matthew Lesser and Matthew Pravda brokered the transaction. Maxim founder Adam Glick said the unique circumstances brought his company — an opportunistic special situations lender typically focused on the commercial deals — to the deal. “We were able to step up to the plate for them,” he said. “This is the first transaction that we’ve done together. It’s the start of many”

Read the full article here: