BAYONNE, NJ-A planned 60-unit housing project here by veteran developer John R. Cali has obtained $15 million in construction financing from the First Niagra Finance Group.

In its announcement, First Niagra said the project near Newark Bay by Cali Futures is planned for completion by September. Cali is a former CEO of Mack-Cali Real Estate, who continues to serve on the REIT’s advisory board.

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