Donald Zucker's Manhattan Skyline Management Refinances Kips Bay Multifamily With $24.5 Million Loan

The property involved in this transaction is a multifamily asset located at 154 East 29th Street in the Kips Bay market of Manhattan, encompassing a total square footage of 137,628. The transaction was a refinance involving a loan amount of $24,500,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $24,500,000
• Address: 154 East 29th Street
• Market: Kips Bay, Manhattan
• Asset Square Footage: 137,628
• Lender: J.P. Morgan Chase
• Landlord: Donald Zucker - Manhattan Skyline Management
• Loan Type: Refinance

The deal involved Donald Zucker, representing Manhattan Skyline Management, which refinanced a 145-unit apartment building, replacing $19 million of prior debt also issued by J.P. Morgan Chase.