Laurent Morali Of Kushner Companies Secures $17 Million Refinance Loan From Citibank For Condo In Nolita

The property asset involved in this transaction is a retail condo located at 285 Lafayette Street in Nolita, Manhattan, with a total square footage of 14,705. The property was refinanced with a loan amount of $17,000,000, provided by Citibank, to replace a previous loan of $16.3 million from Axos Bank.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $17,000,000
• Address: 285 Lafayette Street
• Market: Nolita, Manhattan
• Lender: Citibank
• Landlord: Laurent Morali - Kushner Companies
• Loan Type: Refinance
• Previous Loan: $16,300,000 from Axos Bank
• Closing Date: September 29, 2025

This transaction involved Laurent Morali, representing Kushner Companies, who undertook the refinancing of the retail condo through their entity, 285 Lafayette C2 LLC. The deal marks a significant financial maneuver in managing the property’s existing loan obligations.