Vornado Secures $600M Loan For Central Park South Project
The real estate investment trust completed the $600 million loan secured by the 220 Central Park South assemblage with interest at Libor plus 2.75 percent, according to Monday's statement. The loan matures in January 2016, and comes with three one-year extension options.
A spokesperson for Vornado declined to provide further comment....
To view the full article, register now.