Durst Org. and Bank of America refinance One Bryant Park; Rosenberg & Estis; Orrick, Herrington & Sutcliffe; Chatham Financial are advisors
The Durst Organization and Bank of America have closed a $1.6 billion refinancing of One Bryant Park. The financing combined a $950 million CMBS loan with a $650 million Liberty Bond loan, and the weighted average coupon for the 10-year financing is 2.60% per annum.
Date 2019-09-03
Author NYREJ
Durst closes $1.6B loan for One Bryant Park
The Durst Organization and Bank of America announced the closing of a $1.6 billion refinancing of One Bryant Park. The financing combined a $950 million CMBS loan with a $650 million Liberty Bond loan, and the weighted average coupon for the 10-year financing is 2.60 percent per annum.
Date 2019-08-30
Author REW
Philadelphia’s 18th-century waterfront emerges during archaeological dig on Columbus Boulevard
Archaeologists exploring the old West Shipyard site along Columbus Boulevard just north of the Benjamin Franklin Bridge have uncovered remnants of what is likely an early to mid-18th century wharf
Date 2019-08-27
Author Stephan Salisbury
Durst, BofA Refi One Bryant Park for $1.6B
The Durst Organization and Bank of America closed on a $1.6-billion refinancing of One Bryant Park, a 2.35-million-square-foot Midtown tower anchored by BofA. The financing combined a $950-million CMBS loan with a $650-million Liberty Bond loan.
Date 2019-08-23
Author Connect Media
WeWork's recipe for success? Been there, done that
To the editor: Re "WeWork's IPO shows a fast-growing company on a tightrope" (Aug. 14):
Date 2019-08-20
Author Douglas Durst