Brookfield Properties’ famed Fifth Avenue retail condo took the crown for the biggest real estate loan last month, a good sign for landlords along Manhattan’s luxury shopping corridor. Office buildings took home two of the top five deals, including Vornado Realty Trust’s Penn 11, though Steve Roth had to chip in some of his company’s equity to close the deal. Across the East River, Baron Property Group and LargaVista landed a $389 million construction loan for their luxury Long Island City residential project, and two Brooklyn multifamily developments scored financing. Here are the top five loans in Manhattan and the […]
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