Kushner Companies’ struggling Midtown retail condo is set to go to a Uniform Commercial Code foreclosure auction. The 251,000-square-foot property at 229 West 43rd Street will come up for sale on June 30, according to Commercial Observer, which cited an auction notice from JLL. The auction is being sought by mezzanine lender Paramount Group, which issued a $70 million loan for the project in 2016. This March, it was reported that Kushner Companies had fallen
source https://therealdeal.com/2020/06/25/kushner-companies-times-square-retail-condo-headed-to-auction/
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