Dechert, Sullivan & Cromwell Steer $350M Manhattan Loan

Law360 (April 5, 2021, 3:05 PM EDT) -- Dechert represented a Citi real estate financing unit in connection with the company's $350 million loan to Sullivan & Cromwell-counseled Vornado Realty Trust for an office building in Manhattan, according to records made public in New York on Monday.

The loan from Citi Real Estate Funding Inc. is for 909 Third Ave. and is an assumption and refinancing of pre-existing debt on the property. The 32-floor tower was built in 1968 and is located between East 54th and East 55th streets. Lexington Avenue – 53rd Street is the nearest subway station.

"The design of 909 Third Avenue incorporates the modernist ideals...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!