A historic office building steps from the tourist-and-entertainment hub of Times Square has secured $203 million in financing, clearing the way for its conversion into a residential property.
Times Square office-to-residential conversion secures $203 million financing
Property also served as migrant intake center
By Andria Cheng
CoStar NewsApril 1, 2026 | 7:25 P.M.
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IN THIS ARTICLE
- Properties
- Companies
- Naftali Group
Construction
- Contacts
- Glenn Grimaldi
Chief Executive Officer of Naftali Credit Partners, Naftali Credit Partners LP
- Isaac Hera
Principal, Yellowstone Real Estate Investments