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Ceruzzi Properties secures $350M to refi Midtown East tower

Ceruzzi Properties snagged a $ 350 million loan to refinance its luxury condominium tower in Midtown East. Ceruzzi Properties snagged a $ 350 million condo inventory loan for its luxury condominium tower in Midtown East. Meritz Securities provided the financing for the Centrale at 138 East 50th Street, according to Commercial Observer. The loan replaces $ 300 million in financing that Madison Realty Capital provided in 2017. In 2013, Ceruzzi bought the development site from Extell Development for


The Real Deal New York

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