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Alexander’s modifies $300 million loan on Bloomberg Tower retail space

Financing provides breathing room to lease 126,000 square feet in New York
An approximately 126,000-square-foot retail condominium is part of a 1.1-million-square-foot office building at 731 Lexington Ave. in New York, which serves as Bloomberg’s headquarters. (CoStar)
An approximately 126,000-square-foot retail condominium is part of a 1.1-million-square-foot office building at 731 Lexington Ave. in New York, which serves as Bloomberg’s headquarters. (CoStar)
CoStar News
December 30, 2025 | 10:16 P.M.

New York landlord Alexander's has restructured $300 million in debt on the retail condominium portion of 731 Lexington Ave., providing breathing room to find a replacement for the Home Depot store that vacated the space earlier this year.

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