Tudor City’s Windsor Tower cooperative in Murray Hill borrows $41M from John Hancock Life

Tudor City’s Windsor Tower cooperative through the entity Windsor Owners Corp. as borrower signed a loan agreement with lender John Hancock Life Insurance Company valued at $40.7 million for 1 parcel, including the tax class cooperative (D4) and containing 799 residential units at 1 Tudor City Place in Murray Hill. The deal closed on April 30, 2020 and was recorded on May 6, 2020.
The property contains a total of 418,312 square feet of built space.
The average loan per unit is $50,912.

The DOB issued a major alteration (A1) initial temporary certificate of occupancy for the building with 764 residential (or hotel) units on October 12, 2016.
Over the past five years, there have been 2 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 2 renovation/alteration projects (A2) applied for with a total estimated value of $531,780.
Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link