Michael T. Cohen Of Williams Equities Secures $15M Refinance Loan For 38 East 32nd Street

38 East 32nd Street is an office building located in the Park Avenue South market of Manhattan, featuring a total square footage of 88,000. The property has undergone a refinancing transaction with a loan amount of $15,000,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $15,000,000
• Lender: Citibank
• Landlord: Michael T. Cohen - Williams Equities
• Loan Type: Refinance

This transaction marks a significant financial maneuver by Williams Equities, which has opted to replace prior debt from John Hancock through this refinancing deal with Citibank.