Hudson Commons.

NEW YORK CITY – Cove Property Group has secured a $724.2 million loan from Blackstone Mortgage Trust to refinance Hudson Commons, a 25-story, 698,000-square-foot trophy office redevelopment at 441 Ninth Ave. in the Hudson Yards submarket. Eastdil Secured arranged the financing from Blackstone, and  Cole Schotz P.C. represented Cove Property Group in the transaction. 

Cove landed construction and mezzanine loans from Parlex 1 Finance, Parlex 2A Finco, and Parlex 3A Finco, affiliates of Blackstone Mortgage Trust, to swap with the existing loans from Apollo Global Management and JPMorgan Chase.

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Mariah Brown

Mariah Brown is the New York Bureau Chief and Real Estate Reporter for, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.

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