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Eli Weiss Of Joy Construction Secures $96.5 Million Refinance Loan For The Lewis In Hudson Yards

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FINANCED
$96,500,000
Jordan (Jordy) Roeschlaub
Nick Scribani
+ 3

New York

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MultiFamily
Financed 07/08/2025
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Property Image
FINANCED

Eli Weiss Of Joy Construction Secures $96.5 Million Refinance Loan For The Lewis In Hudson Yards

411 West 35th Street

See Similar Deals
MultiFamily
Financed 07/08/2025
Jordan (Jordy) Roeschlaub
Nick Scribani
+ 3
Contact now

Summary

NEW YORK
Asset Type:MultiFamily
Transaction Type:Loan

The Lewis, located at 411 West 35th Street in the Hudson Yards market, is a multifamily asset that received a refinance loan amounting to $96,500,000. The property is involved in a financial transaction reflecting its significance in the current real estate market.

Summary of transaction details:

The deal features notable individuals, including Eli Weiss, who is associated with Joy Construction, and Jorge Madruga, representing MADDD Equities. Drew Katz also plays a role as a landlord in this transaction, while the brokerage team from Newmark includes Jordan Roeschlaub, Nick Scribani, Adam Doneger, Ricky Braha, and Samuel Speciale, responsible for facilitating the loan process.

Players

Adam Doneger
189 deals$50B volume(516) 317-7837
BROKER

Nick Scribani
Newmark
191 deals$55.1B volume(212) 372-2113
BROKER

Jordan (Jordy) Roeschlaub
Newmark
321 deals$96.2B volume
BROKER

Samuel Speciale
Newmark
7 deals$1.4B volume(949) 754-6323
BROKER

Ricky Braha
Newmark
7 deals$2.1B volume(917) 648-9434
BROKER

Newmark
BROKERAGE


Jorge Madruga
Maddd Equities
23 deals$749.5M volume
LANDLORD



Details

FINANCED
IMAGE: Jordan Roeschlaub, Nick Scribani, Adam Doneger, Eli Weiss, Jorge Madruga, Ricky Braha & Samuel Speciale DATE: 7/8/2025 ADDRESS: 411 West 35th Street - The Lewis MARKET: Hudson Yards ASSET TYPE: Multifamily LENDER: Värde Partners LANDLORD: Eli Weiss - Joy Construction, Jorge Madruga - MADDD Equities & Drew Katz BROKERS: Jordan Roeschlaub (@JordyRoeschlaub), Nick Scribani (@ScribSays), Adam Doneger (@ADoneger), Ricky Braha (@RickyBraha) & Samuel Speciale - Newmark (@Newmark) LOAN AMOUNT: $96,500,000 LOAN TYPE: Refinance ärdePartners

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$96,500,000.00

Monthly NOI$643,333.33
Monthly Debt Service$609,945.64
Change in Cash Flow$0.00
Refinance Proceeds$0.00