Monday 12 October 2020

Silverstein gets $171M refi for 529 Fifth Avenue

Silverstein Properties has closed on a $171 million refinancing deal for an office building in Midtown. The five-year loan for 529 Fifth Avenue was provided by JPMorgan Chase and was arranged by Walker & Dunlop, Commercial Observer reported. The 20-story, 283,000-square-foot commercial building, originally built in 1958 and designed by Emery Roth & Sons, is located just north of Grand Central Terminal and Bryant Park. The building’s anchor tenant, accounting firm Citrin Corporation, will leave



source https://therealdeal.com/2020/10/12/silverstein-gets-171m-refi-for-529-fifth-avenue/

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