The fresh financing — believed to be the largest Manhattan residential-construction loan since before the pandemic — means the full-block project will soon “go vertical” at the Hudson R…
Atlas Capital Group nailed down a $985 million construction loan to build the towers at 570 Washington Street and 80 Clarkson Street, which it’s developing with Zeckendorf Development and Baupost Group, sources told The Post.
Rendering of luxury apartment towers to rise at 570 Washington St. and 80 Clarkson St. on Hudson River waterfront.A representative for Atlas didn’t respond to a request for comment. The lenders, according to sources, are London-based Cale Street Partners and San Francisco-based Farallon Capital Management.
Zeckendorf Development and Baupost Group — which is spearheading the new project — was also behind the so-called “Limestone Jesus” at 15 Central Park West, above.The design architect is COOKFOX, which also worked on the St. John’s Warehouse adaptive-reuse project next door that is now home to Google.
Real Estate Development Realty Check Residential Real Estate West Village
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mayor Adams announces major public pool upgrades with $1B 'Let's Swim NYC' initiativeNYC officials launched the 'Let's Swim NYC' initiative on Tuesday, a $1 billion capital investment to build, improve, and protect the city's public pools over the next five years.
Read more »
How to score FREE tickets for Macy's 4th of July fireworks show over Hudson RiverThe Macy's 4th of July fireworks show is back over the Hudson River this year.
Read more »
Why Macy's 4th of July Fireworks show organizers say Hudson River is an ideal spotPreparations are underway for the Macy's 4th of July Fireworks show, which will return to the Hudson River.
Read more »
Monster 220-pound fish caught in Hudson RiverToday's Video Headlines: 6/26/24
Read more »
Gigantic fish measuring 6 feet and weighing 220 pounds caught in Hudson River“It was suspected to be a female that had not yet spawned.'
Read more »
200-pound endangered Atlantic sturgeon caught in Hudson RiverA 200-pound fish was caught in the Hudson River last week, according to the NYS Department of Environmental Conservation.
Read more »