Committee to Protect Journalists borrows $5.5M to buy condo in Hudson Yards

The Committee to Protect Journalists as borrower signed a loan agreement with lender U.S. Bank National Association valued at $5.5 million for 1 parcel, including the tax class commercial condo recorded in Acris (CC) at 515 West 38th Street in Hudson Yards. The deal closed on March 4, 2021 and was recorded on March 17, 2021.
The property contains a total of 11,878 square feet of built space.
The average loan per buildable square foot is $463.

Direct link to Acris document. link