EJS GROUP LANDS $113M LOAN FOR UES CONDO

EJS Group, a New York-based real estate development company, has secured a $112.5 million construction loan from Bank OZK for its upcoming 200 East 75th Street project on the Upper East Side.

The development will consist of 36 luxury condominium residences and ground-floor retail space. Construction on the project recently reached its pinnacle, and sales are expected to commence in early 2023.

This marks another collaboration between EJS Group and Bank OZK, following their partnership on the boutique development at 150 East 78th Street.