Dechert and Cleary lead $105 million loan for Brooklyn property

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By Andrew McIntyre (February 4, 2022, 4:22 PM EST) — Dechert represented Citibank in connection with its $105 million loan to Brookfield Properties, advised by Cleary Gottlieb, for a commercial building in Brooklyn, according to publicly available documents in New York on Friday.

The Citibank NA loan is for 139 Flatbush Ave., which is near the Atlantic Avenue-Barclays Center subway station where nine lines stop. Fort Greene Park is nearby to the north.

The Brookfield website also lists the property at 2 Hanson Place. The property was built in 2004 and has 306,000 square feet over 14 floors. Swanke Hayden Connell designed the property while Cesar Pelli designed the lobby, according to…

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