Billionaire Ronald Perelman’s MacAndrews and Forbes landed a $110 million loan for 27 East 62nd Street. Citibank is the lender, records filed with the city Tuesday show. The new debt replaces a $74 million mortgage from 2016 and includes $41 million in new financing. The property is a nine-story rental building with 30 units and 5,000 square feet of retail. The new financing appears to carry a high loan-to-value ratio, considering Perelman paid $120 million […]
source https://therealdeal.com/2018/09/25/ron-perelmans-firm-lands-110m-refi-for-lenox-hill-rental/
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