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
CoStar News
January 15, 2021 | 9:43 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Historic Tammany Hall
44 Union Sq, New York, NY
- Companies