Daniel Lederman Of Donald Zucker Company Refinances 197-Unit Apartment At 115 East 34th Street For $55M

The Murray Hill is a multifamily apartment building located at 115 East 34th Street in the Murray Hill neighborhood, boasting a total of 197 units. The property recently underwent refinancing, which involved a substantial loan amount of $55,000,000 supported by its asset type and market characteristics.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $55,000,000
• Loan Type: Refinance
• Lender: Brooks Tingle - John Hancock Life Insurance Company
• Landlord: Daniel Lederman - Donald Zucker Company
• Brokers: Andrew McNulty, Kevin Swartz & Scott A. Singer - Avison Young

This transaction involved key financial figures and entities, specifically the Donald Zucker Company which refinanced the property. The loan was orchestrated through Manulife's subsidiary, John Hancock Life Insurance Company, highlighting the financial partnerships involved in this multifamily property deal.