Gotham Org, Carlyle sign $216.3M refi for 310-unit rental in Lincoln Square

Gotham Organization and Carlyle Group through the entity 200 West 67th St Owner, L.L.C. as borrower signed a refi loan with lender Natixis valued at $216.3 million for the mixed-use building with 310 residential units and retail at 150 Amsterdam Avenue in Lincoln Square, Manhattan.
The deal closed on November 12, 2025 and was recorded on November 21, 2025. The prior lender was MF1 Capital which held debt that had an original loan amount of $216 million. The commercial condominium units that compose the building have 390,682 square feet of built space according to a PincusCo analysis of city data. The loan price per built square foot is $553 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The signatory for Gotham Organization and Carlyle Group was David L. Picket . The signatory for Natixis was Daniel Fahey.

The property

The rental condo with 310 residential units in Lincoln Square has 390,682 square feet of built space according to a PincusCo analysis of city data. The parcel has a total lot size of 330,434 square feet. The city-designated market value for the property in 2022 is $130.3 million.

Violations and lawsuits

There were no lawsuits or bankruptcies filed against the properties for the past 24 months. In addition, according to city public data, the properties have not received any significant violations in the last year.

Development

For the tax lot buildings, one out of the three buildings received a initial certificate of occupancy in the last ten years. There are no active new building construction projects or major alteration projects with initial costs more than $1 million on this tax lot.

The block

On the tax block of 150 Amsterdam Avenue, PincusCo has identified the owners of three of the six commercial properties representing 409,721 square feet of the 653,905 square feet. The two identified owners are American Continental Properties and Stonehenge Nyc.

The majority, or 86 percent of the 653,905 square feet of built space are elevator buildings, with specialty buildings next occupying 13 percent of the space.

The borrower

The PincusCo database currently indicates that Carlyle Group owned at least 346 commercial properties with 3,789 residential units in New York City with 4,073,338 square feet and a city-determined market value of $962.6 million. (Market value is typically about 50% of actual value.) The portfolio has $872.9 million in debt, with top three lenders as Invesco, PGIM Real Estate, and Prudential Financial respectively. Within the portfolio, the bulk, or 36 percent of the 4,073,338 square feet of built space are elevator properties, with industrial properties next occupying 29 percent of the space. The bulk, or 48 percent of the built space, is in Brooklyn, with Queens next at 31 percent of the space.
The PincusCo database currently indicates that Gotham Organization owned at least seven commercial properties with 1,964 residential units in New York City with 933,562 square feet and a city-determined market value of $73.8 million. (Market value is typically about 50% of actual value.) The portfolio has $1.1 billion in debt, borrowed from Wells Fargo and NYS Housing Finance Agency. Within the portfolio, the bulk, or 50 percent of the 933,562 square feet of built space are elevator properties, with D6 properties next occupying 36 percent of the space. The bulk, or 64 percent of the built space, is in Manhattan, with Queens next at 36 percent of the space.

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