[EVG photo from last fall]
Here's news concerning 51 Astor Place/the IBM Watson Building/Death Star via the Commercial Observer:
Two major lenders took to Astor Place for another mega-deal in the hip college neighborhood.
Bank of America and Barclays provided New York-based Edward J. Minskoff Equities with a $370 million loan on the firm’s 51 Astor Place office tower ...
The real estate acquisition and development firm is using the loan to refinance and pay off construction financing on the office building...
According to estimates, development of the building cost some $300 million. The office part of the building is fully occupied ... with the first retail tenant — CVS, woot — on its way.
What would you do with a $370 million loan?
