Ric Clark's Brookfield Secures $1.42B Loan For Hudson Yards Development Site

A development site located at 2 Manhattan West in Hudson Yards has been involved in a closed property transaction. The property, owned by Brookfield and represented by Ric Clark, has secured a loan amount of $1,419,000,000. The lender for this transaction is Wells Fargo in collaboration with the NYC Industrial Development Agency.

Summary of transaction details:

• Property Type: Development site
• Transaction Amount: $1,419,000,000
• ADDRESS: 2 Manhattan West
• MARKET: Hudson Yards
• LANDLORD: Brookfield - Ric Clark
• LENDER: Wells Fargo & NYC Industrial Development Agency

This transaction highlights the collaboration between Brookfield and Ric Clark as the owners and representatives of the development site at 2 Manhattan West, and the lenders, Wells Fargo and the NYC Industrial Development Agency. The loan amount secured for this property emphasizes the potential and significance of this development site in Hudson Yards.