Gary Spindler borrows $22M from Capital One for multifamily property in West Village

Gary Spindler through the entity 756 Waywest Development Co., LLC as borrower signed a loan agreement with lender Capital One valued at $21.5 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 67 residential units at 756 Washington Street in West Village. The deal closed on January 16, 2020 and was recorded on February 10, 2020.
The property contains a total of 76,549 square feet of built space.
The average loan per unit is $320,896.

Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000. There was one renovation/alteration project (A2) applied for with a total estimated value of $150,000.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link