Crain’s New York Business The CMBS loan against 731 Lexington Ave., a 1.3 million-square-foot office building in midtown Manhattan that serves as Bloomberg’s headquarters, has been extended through October. The loan, with a $500 million balance, has been paid down by the property’s owner, Alexander’s Inc., which is 32.4 percent owned by Vornado Realty Trust, […]

The post Loan Against Manhattan’s 731 Lexington Ave. Gets 4-Month Extension appeared first on Commercial Real Estate Direct.