Zeckendorfs, Atlas nab $322M from Blackstone for West Side condo tower – Robert Khodadadian
The Zeckendorf brothers’ next splashy condo project just got a major financing package from Blackstone. A joint venture comprised of Zeckendorf Development, Atlas Capital and the Baupost Group secured a $322 million loan from the investment giant to acquire a full-block site at 570 Washington Street, just south of the West Village between Clarkson and Houston streets, for a $1.25 billion, two-tower luxury development. Zeckendorf and Atlas struck a deal to buy the 1.3-acre site
Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Home Page, Atlas Capital, Luxury Real Estate, West Village, zeckendorf development The Real Deal New York Read More