SL Green lands $225M construction loan for Lower Manhattan apartment tower

SL Green Realty picked up a $225 million construction loan for its planned rental tower in Lower Manhattan. Singapore lender United Overseas Bank and the German bank Helaba provided the construction financing for the 209-unit development at 185 Broadway, SL Green announced Friday. The company plans to go vertical on construction of the 31-story, 260,000-square-foot mixed-use building in the first quarter of next year. SL Green managing director Brett Herschenfeld said 185 Broadway “will be […]

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