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New York & Tri-State  + Long Island  + Finance  |  January 9, 2024
Emily Fu
By: Emily Fu

Bayport Provides $3.7M for Suffolk Property 

Bayport Funding has provided a $3.7 million loan for a single-family home in Sag Harbor, New York. Spanning 1.8 acres, the property features amenities including an in-ground pool, tennis court, and a lower-level entertainment area. 

“This property is situated in a prime location and holds great value-add potential once renovations have been executed,” said Marcia Kaufman, CEO of Bayport Funding. “We’re confident that our borrower will be able to transform this home into a truly exceptional Hamptons residence as more properties continue to be delivered throughout New York.” 

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Inside The Story

Marcia Kaufman

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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