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111 Washington Street

111 Washington Street
New York, NY 10006
Residential, Leasing/Rental, Multifamily

111 Washington Street is a 340,376 square foot property in the Financial District neighborhood of Manhattan. It has 580 residential units and its property type is "R-2 - Residential: Apartment Houses." The notes included with the Department of Buildings filing read "Erect 54 story residential and commercial new building.".

  • residential units 580
  • square feet 340,376
  • const. status Job Filed
  • block and lot 1-00053-0012
  • BIN 1088966
  • Event Financing
  • Address 111 Washington Street
  • Neighborhood Financial District
  • Borough Manhattan
The refinancing of a $50 million bridge loan for the property and accumulated air rights was arranged with a fixed rate of 6.375 percent over a three-year term. The property is zoned to allow for as much as 400,000 square feet of new development. 6-story parking garage

For his part, Milgraum got his start in development at Triangle Equities, where he worked for a year before moving to Pink Stone Capital for 18 months. At Pink Stone he bought the distressed note at 111 Washington Street for $48 million...

Robert Knakal, chairman of Massey Knakal, is marketing a massive site for Pink Stone Capital one block south of Shvo’s location, at 111 Washington Street, with more than 362,000 buildable square feet, for $260 million, or $718 per square foot...