New York Life Provides $55M Refinancing for Apartment Community in Manhattan
NEW YORK CITY — New York Life Real Estate Investors, on behalf of New York Life Insurance Company, has provided a $55 million loan to refinance West End Towers, a 1,000-unit apartment community on the Upper Westside of Manhattan. Located at 75 West End Ave., the property is nearby Lincoln Square and includes panoramic river and city views. Mark Young of New York Life Real Estate Investors’ New York regional office secured the financing on behalf of the owner, an affiliate of The Brodsky Organization. Terms of the financing were not disclosed.