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The Lewis Receives $86M In Financing

The Hudson Yards Luxury Apartment is refinancing its construction loan.

The Lewis The Lewis at 411 W. 35th St.

NEW YORK CITY—West 35th SBXLVI, a joint venture between Joy Construction, Maddd Equities and the family of the late Lewis Katz, received an $86 million floating-rate acquisition loan from KKR Real Estate Finance Trust for the Lewis apartments, located at 411 W. 35th St. Loan proceeds will refinance the construction loan.

The 12-story, 186-unit luxury residential rental building was completed this year. It offers studio, one- and two-bedrooms, averaging 667 square feet. With modern finishes and amenities including custom Italian cabinetry, oak hardwood flooring, soaking tubs, a concierge, a fitness center, residence lounge and terraces, current available listings range from $2,871 to $5,895.

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Betsy Kim

Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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