Refinancing, Line-of-Credit News for Queens, Manhattan Co-ops in April

May 22, 2014 — The National Cooperative Bank (NCB) has announced it originated $18.6 million in new loans in April, with co-ops in Manhattan accounting for more than 50 percent of the bank’s financing activity in the region, according to Edward Howe III, Managing Director of the NCB New York office. Howe personally arranged the largest loan of the month, a $3.6 million first mortgage and a $750,000 line of credit for a co-op in Forest Hills, Queens.