News & Press

September 06, 2018

F&T Group and SCG America Announces Commercial Condominium Purchased by Quontic Bank (Mannreport)

Co-developers F&T Group and SCG America announced the sale of a commercial condominium purchased by Quontic Bank—a national institution handling personal banking, business banking and mortgages with locations in six states, including New York—within prime office condominium building, Tangram Tower.

A Member FDIC bank headquartered in Astoria, Queens, Quontic Bank will occupy part of the 10th floor—or 1,456 square feet—after the unit is complete in 3Q 2019. Sale prices average $1,274 per square foot within the 12-story building, currently under construction.

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