Singer & Bassuk Organization arranged the 10-year term loan, which closed on April 2, according to the Commercial Observer.
Jack Resnick & Sons is headquartered at the building and is doing a major $25 million renovation of it. The firm constructed the building in 1968, and it stands 37 stories tall and spans 612,000 square feet.
The building is 98 percent leased, with tenants including Cantor Fitzgerald, Cantor Commercial Real Estate, Estee Lauder and the New York Public Library. [CO] – Eddie Small