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Bloomberg LP To Acquire Dedicated CFO Division From Geller & Company

Bloomberg LP To Acquire Dedicated CFO Division From Geller & Company
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Bloomberg LP To Acquire Dedicated CFO Division From Geller & Company

Bloomberg LP To Acquire Dedicated CFO Division From Geller & Company
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

Largest Manhattan Real Estate Loans of April 2021

Share via Shortlink From left: 909 Third Avenue, 79 Fifth Avenue, 240 West 37th Street and 27 East 62nd Street (VNO, Cercone Exterior Restoration, Google Maps) The 10 largest Manhattan real estate loans recorded in April totaled about $790 million, less than half of March’s total. Once again, the commercial mortgage-backed securities market produced the month’s largest loan: a refinancing for a Midtown office tower on top of a USPS warehouse. It was also the month’s only loan of more than $100 million. Here were the borough’s largest real estate loans in April: 1) You’ve got mail | $350 million Vornado Realty Trust secured a $350 million refinancing for 909 Third Avenue from Citi Real Estate Funding, Bank of America and BMO Harris. The property has a 490,000-square-foot warehouse at its base, which serves as the United States Postal Service’s main mail processing facility in New York City. Major tenants in the office tower include advertising firm IPG DXTRA,

Vornado s 909 Third Avenue: What Tenants Pay in Rent

Vornado’s Steve Roth. (Getty, Google Maps) Since it was built in 1968, the 490,000-square-foot warehouse at 909 Third Avenue in Midtown has been home to the United States Postal Service’s main mail handling facility in New York City. The warehouse forms the base of a 32-story office tower designed by Emery Roth & Sons, giving the building which occupies the block between 54th and 55th Streets a unique shape. Vornado Realty Trust acquired the leasehold interest in the property in 1999, and has since invested more than $184 million in capital improvements, including two major renovations that added outdoor amenity space and led to the building receiving LEED Gold certification.

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