Landesbank Hessen-Thüringen is the debt behind Gary Barnett’s latest assemblage play, records filed with the city Thursday show. The German bank, also known as Helaba, provided $118.2 million in financing to Barnett’s Extell Development for a 10-lot site on the Upper East Side where Barnett plans a future luxury residential tower, potentially with a school at its base. The lots lie along First Avenue between 79th and 80th streets. The loan is intended to back the […]
source https://therealdeal.com/2018/04/26/extell-lands-118m-helaba-loan-for-ues-assemblage/
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