NEW YORK CITY – Windsor Management Corporation, a New York-basedcommercial real estate firm, has secured a $20 million loan torefinance 16 West 36th St., a 13-story,67,271-square-foot office building in Midtown, Manhattan. JonesLang LaSalle arranged the transaction.
Located between Fifth and Sixth Avenues, the 1920-built propertywas refinanced with a 10-year, fixed-rate loan through a lifeinsurance company. The 97 percent occupied property has floorplates of an average of 5,057 square feet, attractive for boutiquetenants seeking to occupy a full floor.
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Mariah Brown
Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, 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.
