Queens’ tallest resi tower lands $215M refi

The tallest residential tower in Queens (for now) just got more than $200 million in permanent financing. Long Island-based developer Heatherwood Luxury Rentals secured a $215 million loan from Morgan Stanley to refinance its 58-story luxury rental Tower 28 building in the Queens Plaza section of Long Island City. The newly constructed tower, which stands steps away from six different subway lines between the Queensboro Plaza and the Queens Plaza subway stations, offers “a swift […]

source https://therealdeal.com/2019/03/13/queens-tallest-resi-tower-lands-215m-refi/

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