Dynamic Star has new partners in its plans for a massive development along the Bronx waterfront.
Namdar Realty Group and Gorjian Acquisitions have taken a roughly 50% equity stake in the borough’s Fordham Landing megaproject, according to Dynamic Star. The development has an estimated cost of $2 billion. Meridian Capital Group’s Shlomo Weissberg arranged the deal on behalf of Dynamic Star.
Namdar’s other real estate projects include multiple shopping malls throughout the country and multiple office buildings on Long Island. Gorjian has several mixed-use projects in New York neighborhoods including Carroll Gardens, Bushwick and Mott Haven.
Fordham Landing is based on Exterior Street in the Bronx at an undeveloped
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