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Pier 57
FINANCED

RXR Realty & Youngwoo & Assoc. Secures $375M Loan For Pier 57 Development Site With Nuveen As Lender

Pier 57

Development Site
560,000 SF
clock iconFinanced 1 year ago
Russell Schildkraut
Simon Ziff
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Summary

Loan
NEW YORK
Development Site
560,000 sqft

Pier 57, a development site, was involved in a closed transaction. The loan amount for this property was $375M, and it spans across an area of 560K square feet.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $375M
  • Address: Pier 57

The brokers involved in this deal were Simon Ziff and Russell Schildkraut from Ackman-Ziff. The lender for the loan was Nuveen, a subsidiary of TIAA, and the landlords were RXR Realty and Youngwoo & Associates.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Russell Schildkraut's profile picture
Russell Schildkraut
Ackman-Ziff-image
Principal
Simon Ziff's profile picture
Simon Ziff
Ackman-Ziff-image
President
Ackman-Ziff's profile picture
Ackman-Ziff
Ackman-Ziff

Details

Deal Summary
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FINANCED
IMAGE: Simon Ziff, Russell Schildkraut, Scott Rechler & Young S. Woo DATE: 04/12/2019 ADDRESS: Pier 57 ASSET TYPE: Dvelopmentsite BROKERS: Ackman-Ziff - Simon Ziff & Russell Schildkraut LENDER: Nuveen, a @TIAA company LANDLORD: @RXR_Realty & Youngwoo & Assoc. LOAN AMOUNT: $375M SF: 560K

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AddressPier 57

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