Atlas Capital Group And The Baupost Group Secure $985 Million Construction Loan For 80 Clarkson Street

The property asset involved in this transaction is a condo located at 80 Clarkson Street in the Hudson Yards market of Manhattan. The condo spans 405,499 square feet and is associated with a construction loan amounting to $985,000,000.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $985,000,000
• Lender: Cale Street Partners, Farallon Capital
• Landlord: Atlas Capital Group, The Baupost Group, Zeckendorf Development
• Broker: Jordan Roeschlaub, Christopher Kramer, Nick Scribani, Holden Witkoff - Newmark

This transaction involves key individuals such as Ramon Camina and Andrew Spokes representing the lenders, while Jeffrey Goldberger, Seth Klarman, William Lie Zeckendorf, Arthur Zeckendorf, and Artie Zeckendorf represent the landlords in this deal.