Stawski Partners landed a $200 million loan for 505 Fifth Avenue in Midtown. The new financing replaces $150 million in debt from German bank Landesbank Hessen-Thüringen, also known as Helaba, according to property records. The new mortgage, also from Landesbank, consolidates the previous loan and adds $50 million in new financing. The property is a 251,000-square-foot office tower near the northeast end of Bryant Park. Stawski completed construction on the property in 2004, property records […]
source https://therealdeal.com/2018/08/20/stawski-partners-lands-200m-to-refi-midtown-office-tower/
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