Fisher Brothers Refinances Midtown Manhattan Office Building For $575M

55 East 52nd Street, Manhattan, New York, NY, USA

$575,000,000

$479/SF

Building Size

1,200,000 SF

Asset Type

Office

Closing

Oct 28, 2021

AI

The property involved in this transaction is an office located at 55 East 52nd Street in Midtown. The property spans approximately 1,200,000 square feet.

Summary of transaction details

Property Type: Office
Transaction Amount: $575,000,000
Loan Type: Refinance
Loan Terms: 10-year

Morgan Stanley provided a loan of $575,000,000 to Steven Fisher, Winston Fisher, Arnold Fisher, Martin Edelman, Kenneth Fisher, and Sam Rosenberg, who are the landlords of the property. The loan is a refinance type with a duration of 10 years.

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