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Major Long Island City Mixed-Use Development Gets $425 Million Green Bond Refinancing

Deal Signals Demand for Projects That Promote Sustainability, Energy Efficiency, Tishman Speyer Says
The Jacx, a major Long Island City development in New York, secured a $425 million refinancing. (David de Armas Photography)
The Jacx, a major Long Island City development in New York, secured a $425 million refinancing. (David de Armas Photography)
CoStar News
October 5, 2021 | 10:18 P.M.

In a sign of growing investor appetite for real estate projects that pitch sustainability, developer Tishman Speyer said it has completed a $425 million green bond offering to refinance its mixed-use development, The Jacx, in the Long Island City neighborhood of Queens in New York.

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