Edward J. Minskoff Equities obtained financing of $60M from U.S. Bank

Edward J. Minskoff Equities through the entity T53 Condominium, L.L.C. as borrower signed a loan agreement with lender U.S. Bank National Association valued at $60.0 million for 2 parcels, including the tax class commercial condominium unit (R5) at 825 Seventh Avenue aka 159 West 53 Street in Midtown West. The deal closed on July 25, 2019 and was recorded on August 16, 2019.
The property contains a total of 123,802 square feet of built space.

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