Rudin Management borrows $30M from Citibank for commercial and retail property in West Village

Rudin Management through the entity TGL Retail 1 LLC as borrower signed a loan agreement with lender Citibank, N.A. valued at $30.0 million for 4 parcels, including the tax class commercial condo recorded in Acris (CC) at 15 7th Avenue and 1 7th Avenue in the West Village. The deal closed on December 6, 2019 and was recorded on December 11, 2019.

The DOB issued a new construction (NB) initial temporary certificate of occupancy for the building with 198 residential (or hotel) units on August 19, 2015.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link