The historic Terminal Warehouse in New York’s West Chelsea neighborhood has secured a total of $1.25 billion in construction financing, the largest such loan to date in the city this year and a signal of confidence in the biggest U.S. commercial real estate market.
New York’s Historic Terminal Warehouse Lands $1.25 Billion in Construction Financing
Chelsea Market May Be More Insulated From Impact of COVID-19 Over Long Term, According to CoStar Analysis
By Andria Cheng
CoStar News
July 26, 2021 | 2:18 AM
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261 Eleventh Ave, New York, NY