Vornado Realty Trust

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Vornado lands $新上海贵族宝贝论坛

60M loan on 11 East 68th Street retail REIT bought the Upper East Side commercial space in 2012

Vornado Realty Trust refinanced three retail units at 11 East 68th Street with a $60 million loan from German lender Dekabank, property records filed with the city Thursday show.

The Steve Roth-led REIT took over the 109,000-square-foot building on the Upper East Side in 2012 along with Ziel Feldman’s HFZ Capital Group for $170 million. HFZ acquired the building’s 41 apartments, while Vornado bought the retail space, which features a 100-foot storefront on Madison Avenue.

The building’s commercial space includes three re上海贵族宝贝交流区

tail condos with a combined 10,855 square feet.

Dekabank Deutsche Girozentrale is the asset management subsidiary of a network of German publicly owned local banks – known as Sparkassen. In 2010, 上海贵族宝贝交流区

the lender filed to foreclose on the W Hote爱上海

l Union Square after its owner, Istithmar World, foreclosed on a $60 million mezzanine loan.

Vornado, one of the country’s largest publicly traded real estate investment trusts, announced this week that is is partnering up with Related Companies on a bid to develop Moynihan Station.


gs: 11 east 68th street, dekabank, Vornado Realty Trust
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