Blackstone Refinances 670K SF Office At 425 Park Ave With $911.4M Loan
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This Office property located in NY received a loan of $911,400,000 over 2 years ago. The brokers of the deal were Michael "Mike" Tepedino and Michael Gigliotti
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- Location425 Park Avenue, New York City, New York 10022, United States
- Loan Value$911,400,000
- Asset TypeOffice
- Parties2 Brokers, 1 Agency, 1 Lender
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Deal Summary
LOAN
IMAGE: Jon Gray, Robert Lapidus, Kenneth Kaplan, Stephen Schwarzman & Kathleen McCarthy
DATE: 12/20/2021
ADDRESS: 425 Park Avenue
MARKET: Plaza District
ASSET TYPE: Office ~ SF: 670,000
LENDER: Blackstone Real Estate Debt Strategies
LANDLORD: L&L Holding Company - Robert Lapidus & Susan Choi Raffo
BROKERS: Michael Tepedino & Michael Gigliotti - JLL Capital Markets
LOAN AMOUNT: $911,400,000
LOAN TYPE: Refinance
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425 Park Avenue
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