REBusinessOnline

Zar Group Receives $210M in Financing for Office Property in Times Square

1450-Broadway-NYC

Located at 1450 Broadway in Times Square, the 42-story property features 415,000 square feet of office and retail space.

NEW YORK CITY — Zar Group has received $210 million in financing to refinance an office property located at 1450 Broadway in Times Square. Tal Bar-Or and Richard Sutton of Meridian Capital Group secured the five-year balance sheet loan, which features full-term interest-only payments. The 42-story property features 415,000 square feet of office and retail space.

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