A commercial mortgage-backed securities loan tied to a high-profile Times Square office building tagged for a potential casino redevelopment is showing a sign of industry distress as sponsor SL Green Realty works out an extension.
Loan backed by high-profile Times Square office building shows sign of distress
Media firm Paramount has large presence at 1515 Broadway, CoStar data shows
By Andria Cheng
CoStar News
November 13, 2024 | 9:20 P.M.
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IN THIS ARTICLE
- Properties
- One Astor Plaza
1515 Broadway, New York, NY
- Companies
- SL Green Realty Corp.
Real Estate