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Times Square Tower Closes $415 Million Refinancing

Loan Led by JPMorgan Comes as Entertainment Hub Sees Return of Foot Traffic
In New York, 3 Times Square closed a $415 million refinancing loan for a makeover, shown here in a rendering. (FXCollaborative)
In New York, 3 Times Square closed a $415 million refinancing loan for a makeover, shown here in a rendering. (FXCollaborative)
CoStar News
June 27, 2022 | 8:32 P.M.

Manhattan’s 3 Times Square, also known as the Thomson Reuters building, has closed a $415 million refinancing loan from a group of lenders led by JPMorgan Chase for a makeover.

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News | Times Square Tower Closes $415 Million Refinancing