Zucker Organization signs $55M refi with John Hancock for 195-unit rental in Grand Central
The Zucker Organization through the entity 34th St. South LLC as borrower signed a refi loan with lender John Hancock Life Insurance valued at $55 million for the 195-unit residential elevator building (D6) at 115 East 34th Street in Grand Central, Manhattan. The deal closed on November 26, 2024 and was recorded on December 9, 2024. The prior lender was Bayerische Landesbank which held debt…