525 West 52nd Street Luxury Multifamily and Retail Asset
Sector: Road • Location: New York City, New York, United States
Source: Forbes
Ares Management acquired a 75% stake in a luxury multifamily and retail asset at 525 West 52nd Street in Hell’s Kitchen from the building’s developer Mitsui Fudosan America for $202.2 million. The acquisition included assuming a below-market loan and securing long-term value through a 421-a abatement lasting to 2039. Taconic Partners retained its 25% stake in the partnership.
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | ownership change |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Ares Management acquired a 75% stake in a luxury multifamily and retail asset at 525 West 52nd Street in Hell’s Kitchen from the building’s developer Mitsui Fudosan America for $202.2 million. The acquisition included assuming a below-market loan and securing long-term value through a 421-a abatement lasting to 2039. Taconic Partners retained its 25% stake in the partnership. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
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State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |