Gould Investors gets $100M refi for 35 Irving

Financing consolidates $73.5M mortgage and $26M debt from prior mortgages

TRD New York /
Nov.November 17, 2017 05:36 PM

35 Irving Place (Credit: Google Maps)

UPDATED, 6:39 p.m., Nov. 17: Gould Investors has secured $100 million of financing from AIG Investments for its building at 35 Irving Place.

The money for the Great Neck-based landlord’s 11-story property, located near Union Square, consolidates a new $73.5 million mortgage on the building with outstanding debt of $26 million from multiple prior mortgages.

The building spans 288,400 square feet, and Gould has owned it since the 1960s, records show.

AIG declined to comment, and Gould could not immediately be reached.

AIG also recently provided $85 million to Thor Equities to refinance Thor’s headquarters at 35 West 39th Street.


Related Articles

arrow_forward_ios
An example of roll-off waste management (Credit: YouTube, iStock)

Big building owners prevent city from dumping container-pickup in trash-collection reform

“I can talk about erections all day”: NAR tech consultant’s bizarre fireside chat

Council member Vanessa Gibson (Credit: New York City Council)

Commercial landlords face new fines as City Council passes anti-harassment bill

As House begins impeachment inquiry, here’s what we know about Trump’s Ukraine-real estate ties

Embattled Prodigy Network CEO Rodrigo Niño to step down

The Watchtower building at 25 Columbia Heights, CIM Group’s Shaul Kuba (right) and LIVWRK’s Asher Abehsera (Credit: Wikipedia, CIM Group, and LinkedIn)

JPMorgan leads $335M refi for CIM and LIVWRK’s Watchtower renovation

Multifamily market still reigns in Queens, Blackstone balks after rent reforms and more of the biggest CRE trends right now

Real estate titans … and their toys

arrow_forward_ios