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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

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