L&M, J&R Music founders lock in $235M loan for Park Row condo project
L&M Development Partners and the founders of the iconic J&R Music store landed $235 million in construction financing from Bank of the Ozarks for their 54-story condominium project overlooking City Hall Park, property records filed with the city Thursday show. The partners plan to build a 691-foot-tall, 266,000-square-foot tower at 23 Park Row, the site of the former J&R Music and Computer World location. The developer formed a partnership with J&R founders Joe and Rachelle F