The Real Deal New York

Moinian restructures $550 million in debt

January 06, 2010 04:25PM

  • Print

Embattled developer Joseph Moinian has restructured the debt on three of his Downtown properties, 180 Maiden Lane, the Ocean Residences at 1 West Street, and 17 Battery Place. In total, the restructuring covers about $550 million in debt. His firm, the Moinian Group, renegotiated the $340 million mortgage and mezzanine loans on 180 Maiden Lane, while nabbing a $130 million first mortgage on the Ocean Residences and a loan extension on the Battery Place property, Bloomberg reported. [Crain's] and

Comments are closed.

MENU

Subscribe to our email newsletters

New York Real Estate News
South Florida Real Estate News