Lightstone Capital Refinances Midtown Manhattan Office Building For $52M

The office building located at 28 West 36th Street & 32-36 West 39th Street in Midtown Manhattan has recently undergone a refinance transaction. The property, spanning approximately 152,000 square feet, was involved in this deal.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $52,000,000
• Date: 03/22/2022
• Market: Midtown Manhattan
• Lender: Lightstone Capital - Eugene Rozovsky
• Landlord: R&B Realty Group - Aron Rosenberg
• Brokers: Tal Bar-Or, David Strongwater & Harris Brown - Lantern Real Estate

In the refinancing deal, Lightstone Capital, represented by Eugene Rozovsky, provided a loan amount of $52,000,000 to the R&B Realty Group, the landlord of the property. The transaction was facilitated by brokers Tal Bar-Or, David Strongwater, and Harris Brown from Lantern Real Estate.