Ladder Capital Provides $31M Refinance Loan For Office Building At 10-12 E. 33rd Street In Manhattan

Danny Wrublin, Max Herzog, Michael Gigliotti, Adam Siper, and Bill Marcus have closed a loan transaction in Manhattan. The property involved in the deal is an office space located at 10-12 E. 33rd Street, covering an area of 70,000 square feet.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $31,000,000
• Date: 02/01/2022
• Address: 10-12 E. 33rd Street
• Market: Manhattan
• Lender: Ladder Capital - Adam Siper & Simmons Gaines
• Landlord: Marcus Partners & Dalan Management
• Brokers: Max Herzog, Michael Gigliotti, Aaron Katz, Ricky Song & Riaz Cassum - JLL

The loan transaction, which took place on 02/01/2022, involved a refinance of the property. The lender, Ladder Capital, was represented by Adam Siper and Simmons Gaines. Marcus Partners and Dalan Management acted as the landlords. The transaction was facilitated by brokers Max Herzog, Michael Gigliotti, Aaron Katz, Ricky Song, and Riaz Cassum from JLL.