A month after a $90 million balloon payment was set to come due, Jeff Sutton’s Wharton Properties has refinanced the retail space at 747 Madison Avenue for three more years. The retail magnate secured a $90 million refinancing package from JP Morgan Chase for the property, currently home to Givenchy and Alexander McQueen, according to Tel Aviv Stock Exchange filings and New York City property records. The new debt replaces a previous loan from Goldman […]
source https://therealdeal.com/2019/06/20/jeff-sutton-lands-90m-refi-for-madison-ave-gold-coast-property/
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