295 Fifth Ave owners push for revival with refinancing
A landlord trio secured more than $200 million in fresh debt following the renovation of their 19-story Midtown South office building. PGIM, Tribeca Investment Group and Meadow Partners landed a $228.9 million loan to refinance 295 Fifth Avenue, otherwise known as the Textile Building, the Commercia
Turret takes over debt on troubled Upper East Side condo buildings
David E. Dweck’s Turret Equities has acquired distressed debt tied to two Upper East Side condo buildings with a checkered ownership history. The buildings, 184 East 64th Street and 227 East 67th Street, have been owned by multiple people accused or convicted of fraud over the past decade. Their cur
BXP putting 7 Times Square ground lease on the market
BXP is trying its hand at a nine-figure deal in the heart of Manhattan. Owen Thomas’ firm is seeking to sell the ground lease tied to 7 Times Square, the Commercial Observer reported. BXP is reportedly expected to ask between $700 million and $750 million for the 1.2 million-square-foot property. Wh
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