Himmel + Meringoff signs $135M refi with Aareal Capital for Soho office building

Himmel + Meringoff Properties through the entity 462bdwy Land LP as borrower signed a refi loan with lender Aareal Capital valued at $135.0 million for the office building (O5) at 462 Broadway in Soho, Manhattan.
The deal closed on April 30, 2021 and was recorded on May 13, 2021.
The property has 141,050 square feet of built space and 0 square feet of additional air rights for a total buildable of 100,750 square feet according to PincusCo analysis of city data. The loan price per built square foot is $957 per the PincusCo analysis.

The signatory for Himmel + Meringoff Properties was Stephen J. Meringoff. The signatories for Aareal Capital were John Lewis and Alan L. Griffin.
(120432013)The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building on July 17, 2012.

Direct link to Acris document. link

Share this article