Raphael Viñoly Architects affiliate borrows $26.7M to buy commercial condo in City Hall
An affiliate of Raphael Viñoly Architects, the entity High Over Pearl LLC as borrower, signed a loan agreement with lender JPMorgan Chase Bank valued at $26.7 million for 1 parcel, including the tax class commercial real estate (CR) at 375 Pearl Street in City Hall. The deal closed on September 9, 2020 and was recorded on September 11, 2020.
The property contains a total of 26,393 square feet of built space.
The average loan per buildable square foot is $1,010.
This is a loan for the purchase of the condominium unit on the 31st floor.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link
The signatory for the buyer or lender was Daniel Zigman
