It took more than a year, but BXP and the Moinian Group managed to refinance its debt at 3 Hudson Boulevard after falling into maturity default. JPMorgan Chase provided the developers with a $108 million loan at the site of a planned skyscraper in Hudson Yards, PincusCo reported. The debt replaced an $80 million loan originated by BXP, which matured last August and began ballooning with a hiked interest rate. The outstanding balance reached $130.7 million as of the end of the third quarter, according to BXP’s earnings report filed with the SEC. That report disclosed BXP also provided a […]

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