The owner of the Times Square Plaza building at 1500 Broadway in Manhattan is being challenged in its ability to refinance the $335 million of senior financing against the 33-story building, which includes office and retail space, as well as seven large signs. The loan is coming due as a number of sizable leases roll.
The post Manhattan’s Times Square Plaza Faces Loan, Lease Maturities appeared first on Commercial Real Estate Direct.
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