Related Companies refis $44M from Goldman Sachs for HUB in Bronx

Related Companies through the entity Related Retail Hub, LLC as borrower signed a loan agreement with lender Goldman Sachs Bank Usa valued at $44.2 million for 3 parcels at the Hub Retail and Office Center at 2984 3rd Avenue and 3006 3rd Avenue in the South Bronx. The deal closed on September 30, 2020 and was recorded on December 23, 2020.
The property has 288,379 square feet of built space and available development rights, according to a PincusCo analysis of city data.

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