Jay Suites, a New York co-working company, has lined up $19 million of mortgage financing from Citigroup to fund its $35 million, or $246.48/sf, purchase of the 142,000-square-foot office property at 8 West 38th St. near Bryant Park in midtown Manhattan. The company, which now operates 10 locations in Manhattan, bought the 111-year-old building from […]

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