NEW YORK CITY — RFR Holding LLC has secured $100 million in refinancing for 160 Fifth Ave., a 107,000-square-foot office property in the Midtown South submarket of Manhattan. RFR says the refinancing through Citibank will enable it to retire $65 million of existing debt on the Class A boutique property, while taking advantage of lower interest rates. The company purchased the property in 2005 and completed a multi-million dollar renovation program. Its largest tenant at 160 Fifth is the Simons Foundation, a private charitable foundation formed by hedge fund manager James H. Simons, at 76,000 square feet. Also on the tenant roster are office and showroom space for Grohe America, the luxury faucet designer; Forrester Research; and Prophet Brand Strategy. Fashion retailer Club Monaco occupies the retail component of 160 Fifth.
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