Brief
Midtown East Office Tower Headed for Foreclosure Auction
The recent momentum of office leasing near Grand Central Terminal was not enough to save one Midtown East office tower from foreclosure. Clarion Partners and Alchemy Properties, owners of 209-211 Eas
Summary
The recent momentum of office leasing near Grand Central Terminal was not enough to save one Midtown East office tower from foreclosure.
Clarion Partners and Alchemy Properties, owners of 209-211 East 43rd Street, defaulted on a $65 million loan originated in 2015 by Signature Bank, Crain’s New York Business reported Monday.
The 24-story building will now […]
Source
- Commercial Observercommercialobserver.com
