The owner of New York City’s historic Tammany Hall has landed a short-term reprieve in paying off a $50 million construction loan that was due at the end of 2020. It’s a situation growing more common as the coronavirus hampers office lease-ups in the largest U.S. commercial real estate market.
Developer of New York’s Historic Tammany Hall Faces $50 Million Loan Coming Due
Pandemic Draws Out Search for Tenant After Slack Backed Away from Major Lease Deal
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