REBusinessOnline

Greystone Bassuk Arranges $59M Refinancing for Multifamily Building in Midtown West

The Nicole in Manhattan

NEW YORK CITY — Greystone Bassuk has arranged a $59 million loan to refinance The Nicole, a 19-story, 149-unit multifamily building in the Midtown West neighborhood of Manhattan. Located at 400 W. 55th St., the property was completed in 2003 and is comprised of 149 residential units as well as 34,000 square feet of commercial space. Drew Fletcher, Matthew Klauer and Steven Deck of Greystone Bassuk secured a 15-year, fixed-rate loan on behalf of the borrower, Gotham Organization Inc., through lender Wells Fargo Multifamily Capital. 

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