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Jack Resnick locks in $125M refi at Symphony House

Prudential Asset Resources is the lender

President Jonathan Resnick and Symphony House at 235 West 56th Street
President Jonathan Resnick and Symphony House at 235 West 56th Street

Hi-Fi? More like refi.

Jack Resnick & Sons refinanced the commercial portion of the Symphony House building at 235 West 56th Street with a $125 million loan, records filed with the city Friday show.

Prudential Asset Resources, a division of the Prudential Financial insurance company, provided the debt, which consolidated earlier loans to the owner with a new $12 million piece.

Retail space at the tower is occupied by tenants such as Wells Fargo and Staples. The 523,000-square-foot building, constructed in the mid-1980s, is also home to 480 residential apartments.

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The company did not immediately respond to a request seeking comment.

Jack Resnick & Sons has refinanced at least four properties so far this year, including an $85 million deal 315 Hudson Street and $50 million loan at 485 Madison Avenue.

The company, chaired by the 80-year-old Burton Resnick, owns 5 million square feet of commercial property in New York City. His son, Jonathan, is the company president.

Correction: This story was updated to reflect the correct square footage and apartment numbers.

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Jack Resnick & SonsReal Estate Finance