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Manhattan Mixed-Use Skyscraper Lands $540 Million Construction Loan

Developer Rabina Wants To Combine Residences, Offices, Retail and Recreational Facilities on Fifth Avenue
The building at 520 Fifth Ave., depicted at left in this rendering, is poised to become the second-tallest tower after the Empire State Building, depicted at center, on Fifth Avenue. (DBOX)
The building at 520 Fifth Ave., depicted at left in this rendering, is poised to become the second-tallest tower after the Empire State Building, depicted at center, on Fifth Avenue. (DBOX)
CoStar News
March 3, 2022 | 7:00 P.M.

Billed as the tallest mixed-use building project in Manhattan to begin since the start of the coronavirus pandemic, a tower on Fifth Avenue with combined luxury residences, boutique commercial office space, recreational facilities and ground-floor retail has obtained a $540 million construction loan.

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