Blackstone refinances iconic Woolworth Building in New York City

Blackstone has provided a $320m first mortgage loan to refinance the iconic Woolworth Building in New York City, Real Estate Capital has first learned. The floating rate loan covers the office component of the 60-story building, the lower 28 floors, taking out a previous $250m CMBS loan and funding additional renovation costs.

To view this content, you need to sign in.

You should only be asked to sign in once. Not the case? Click here

Register now to access this content and more for free.

Share this