Friday, November 4, 2011
Developers secure $200 million loan to help make Astor Place look like
an industrial park in, say, Dallas this
According to the Observer yesterday: "The full-block office tower set to rise at 51 Astor Place has closed on a construction loan valued at between $165 and $200 million with Bank of America."
And per Crain's, construction on the only commercial office building going up in New York City without a tenant should be completed by the spring of 2013.
Previously on EV Grieve:
East Village — the new Midtown?