Legalized Gambling

Legalized Gambling

Met’s Original Home Gets $150 M. in Financing

A boutique office building at Fifth Avenue and 53rd Street, the Corinthian original home of the Metropolitan Museum, has secured $150 million in financing.

The influx of capital at 681 Fifth Avenue, a prime retail spot whose tenants include Tommy Hilfiger, will be used to pay off any outstanding debt and to fund additional pre-built floors Read More

Legalized Gambling

iStar Gets the Credit It Needs

Commercial real estate lender iStar Financial, which during the recession questioned it’s own ability to carry on without any new lines of credit, has finally got the cash it needs, as reported by Reuters.

The lender has secured $3 billion in financing to help it pay down it’s $7.3 billion in debt obligations, part Read More