Entities tied to deceased porn magnate Richard Basciano secured roughly $74 million to refinance two Eighth Avenue properties months after plans were filed to turn them into office buildings. Granite Point Mortgage Trust Inc. was the lender on the deals for 303 West 42nd Street and 300 West 43rd Street, according to a filing with the city’s Department of Finance. Granite Point and Basciano’s estate also did not return requests for comment. The financing includes […]
source https://therealdeal.com/2019/01/03/loans-loans-loans-estate-of-porn-prince-refinances-times-square-properties/
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