George Comfort & Sons, the firm that made the largest office investment purchase this year when it bought World Wide Plaza for $590 million, is 30 days delinquent on a $160 million loan on a Bryant Park office building, commercial loan tracking firm Trepp reported.
The securitized loan on 119 West 40th Street, a 340,219-square-foot building, was listed as 30 days late “because the terms of the loan are currently being renegotiated,” a source familiar with the situation said in an e-mail, but would not elaborate. [more]