The asset involved in the transaction is an office property located at 849 Broadway in Greenwich Village, Manhattan. The total square footage of the building is 218,953 square feet. The loan amount secured for this property is $56,500,000, which is part of a refinance arrangement, replacing a previous debt of $50 million.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $56,500,000
• Lender: Citibank
• Landlord: Jeffrey Feil - Feil Organization
• Previous Debt: $50,000,000
• Date of Transaction: 05/22/2025

Key individuals in this transaction include Jeffrey Feil, who represents the Feil Organization as the landlord in this refinancing deal with Citibank. This transaction illustrates the ongoing financial strategies employed by property owners like the Feil Organization in the competitive Manhattan market.