Zeckendorf lands $175M refi for 520 Park

Zeckendorf Development has landed a $175 million refinancing package from HSBC for its luxury condominium project at 520 Park Avenue, according to property records. HSBC assumed the existing $175 million of loans on the property from Children’s Investment Fund (also known as Talos Capital), which was made in a series of transactions between 2014 and 2017. Zeckendorf announced it would build the 54-story skyscraper, alternately addressed at 45 East 60th Street, in 2014, and the […]

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