Wednesday 15 July 2020

RFR’s Core Club condo in Midtown tower heads to special servicing

A favorite socializing spot for New York City’s 1 percent, the Core Club at 60 East 55th Street in Midtown has not been spared from the economic havoc wreaked by coronavirus. A $25 million CMBS loan, which Aby Rosen’s RFR Realty secured for four commercial condo units at the base of the 41-story tower in 2016, is now more than two months behind on payments after having requested Covid-19 relief in May. The loan was



source https://therealdeal.com/2020/07/15/rfrs-core-club-condo-in-midtown-tower-heads-to-special-servicing/

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