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RFR’s lower Manhattan office building avoids foreclosure after loan extension

Developer also pays off and refinances loans tied to two other properties
RFR has secured a loan extension for 17 State St. in Manhattan. (CoStar)
RFR has secured a loan extension for 17 State St. in Manhattan. (CoStar)
CoStar News
January 23, 2025 | 10:34 P.M.

RFR, said to have had a number of properties facing foreclosures or possible loan defaults, is getting some reprieve: It secured a loan extension on a lower Manhattan property that’s at risk of being foreclosed on.

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