News

Check out market updates

L&L, Safehold lock in $592M in financing for Downtown building

L&L Holding Company and its partners have secured a $ 350 million financing package for 195 Broadway, a 29-story Manhattan office building in which the partners recently took a majority stake. The lender was Germany-based Landesbank Hessen-Thüringen Girozentrale, according to property records filed Thursday. The deal includes a nearly $ 171 million mortgage. Neither party immediately responded to requests for comment. L&L, founded by David Levinson and Robert Lapidus, had owned a 5 percent stake in the


The Real Deal New York

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>