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Cord Meyer Development secures $42.5 million loan for Queens office portfolio

Refinancing boosts capital improvements and ongoing operations
Cord Meyer's headquarters building at 108-18 Queens Blvd. in Forest Hills is one of the properties being refinanced. (CoStar)
Cord Meyer's headquarters building at 108-18 Queens Blvd. in Forest Hills is one of the properties being refinanced. (CoStar)
By Richard Kapel
CoStar Research
September 30, 2025 | 2:14 P.M.

Cord Meyer Development Co. has secured a $42.5 million loan from Webster Bank to refinance two of its office properties in Queens, New York: 108-18 Queens Blvd. in Forest Hills and 5131 Northern Blvd. in Woodside. The combined portfolio spans 101,715 square feet, and the financing will support ongoing operations and potential capital improvements across both properties.

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