____Combining the charisma of the Financial District with the modern-day vibe of Downtown, 7 Platt’s glass tower will rise 35 stories and feature 250 luxury rental residences. A product of Hill West and Rockwell Group, the same acclaimed team that designed Sky, every space will be carefully designed and feature beautifully crafted materials. 7 Platt will feature unparalleled amenities such as an outdoor pool, virtual reality room, co-working lounge, and indoor-outdoor landscaped rooftop featuring a garden lounge, communal kitchen and more. 7 Platt’s entrance will be located across from the newly renovated plaza, and just a short walk from Battery Park and the transformed Seaport District. Cutting-edge dining, shopping, & entertainment make the Seaport District one of NYC's ultimate destinations. When exploring outside of the Financial District, its close proximity to the newly constructed Fulton Street Station and NYC Ferry make it effortless.
Moinian Group Bags $40M Land Loan From Signature Bank for Site of Future FiDi Tower
Signature Bank has provided a $40 million loan to refinance three vacant commercial properties in the Financial District owned by the The Moinian Group, Commercial Observer has learned.
The 12-month land loan features two six-month extension options and a prime-based floating rate.
Meridian Capital Group’s Drew Anderman and Alan Blank negotiated the debt. Officials at the brokerage declined to comment on the lender’s identity.
“This loan was structured with no prepayment penalty, therefore providing maximum flexibility to the borrower as they proceed with their development plans for the site,” Anderman commented in prepared remarks.