The Witkoff Group and hotelier Ian Schrager refinanced their luxury Public hotel-condominium project on the Lower East Side. Deutsche Bank provided the firm with a $173.25 million loan for the property at 215 Chrystie Street, according to property records filed Thursday. The debt replaces previous financing from Starwood Capital Group, which in 2017 provided the same amount for the project. Deutsche Bank declined to comment. Schrager and the Witkoff Group did not immediately return requests […]
source https://therealdeal.com/2019/03/29/schrager-witkoff-land-refinancing-of-public-hotel/
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