2 Tudor City Place co-op borrows $12M from New York Community in Murray Hill

The 2 Tudor City Place cooperative through the entity 2 Tudor City Tenants Corp. as borrower signed a loan agreement with lender New York Community Bank valued at $12 million for 1 parcel, including the tax class cooperative (D4) and containing 334 residential units at 2 Tudor City Place in Murray Hill. The deal closed on October 16, 2020 and was recorded on October 23, 2020.
The property contains a total of 336,543 square feet of built space.
The average loan per unit is $35,928.

The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building with 331 residential units on November 6, 2017.
Over the past five years, there have been 15 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 15 renovation/alteration projects (A2) applied for with a total estimated value of $2,348,330.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link