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Cronheim Arranges $33.2M in Financing for Shopping Center in New City, New York

Summary by REBusinessOnline
NEW CITY, N.Y. — New Jersey-based financial intermediary Cronheim Mortgage has arranged $33.2 million in financing for a 128,801-square-foot shopping center in New City, located about 40 miles north of New York City. Anchored by grocer ShopRite, New City Center is a recently renovated property that is also home to tenants such as Sakura Japan, Bank of America and Smoothie King. Dev Morris, Allison Villamagna, Brandon Szwalbenest and Andrew Stewa…
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REBusinessOnline broke the news on Tuesday, June 9, 2026.
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