CWSG ARRANGES $35 MILLION MORTGAGE FOR MANHATTAN TOWER

by admin

NEW YORK CITY — Cushman & Wakefield Sonnenblick Goldman (CWSG) has arranged $35 million in first-mortgage financing for a Manhattan office tower. The property, which contains 500,000 square feet of office space over 23 stories, is located at 1385 Broadway. It is currently in the final stages of a major capital improvements program. CWSG represented an affiliate of Bloomingdale Properties in securing the loan, which carries a 10-year term and was provided by a commercial bank. In addition, Cushman & Wakefield serves as property manager and leasing agent for 1385 Broadway.

You may also like