Architect-developer Cary Tamarkin has refinanced his under-construction condo project 550 West 29th Street with a $72 million loan from Madison Realty Capital. The senior mortgage replaces a $68 million financing package from Bank of the Ozarks and RCG Longview. Madison’s principal Josh Zegen said the new loan closed within seven days. Tamarkin is currently finishing interior construction of the 19-unit project, which sits between 10th and 11th Avenues near the Highline, with completion expected for […]
source https://therealdeal.com/2018/04/10/cary-tamarkin-lands-72m-refi-for-chelsea-condos/
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