Feil Organization Refinances 257 Park Avenue South Office Building With Goldman Sachs Loan Of $51.5M

The asset involved in this transaction is an office building located at 257 Park Avenue South in the Flatiron District of Manhattan. The property has a total square footage of 189,547. The refinancing loan amount is $51,500,000, which replaced a previous loan of $50,000,000 from JPMorgan Chase.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $51,500,000
• Lender: Goldman Sachs
• Landlord: Jeffrey J. Feil - Feil Organization
• Previous Loan: $50,000,000 from JPMorgan Chase

The deal involves Jeffrey J. Feil representing the Feil Organization, which is the landlord of the property. Goldman Sachs provided the refinancing loan for this office asset, indicating their involvement in the financing of the Feil Organization's property portfolio.