Metro Loft and David Werner secured a $720 million record loan from Madison Realty Capital for the conversion of the former Pfizer headquarters in Midtown East into a 1,600-unit residential building.

This summary is reviewed by TRD Staff. Metro Loft is nearing a $335 million recap of its 180 Water Street property in the Financial District, expected to close within 45 days. As part of the deal ...

Newmark and 60 Guilders declined to comment. Sentry and Metro Loft did not immediately respond to requests for comment. The 460,000-square-foot 180 Water was built in 1971 as a 24-story office tower.

The much-anticipated construction financing to fund Metro Loft and David Werner’s office-to-residential conversion of the former Pfizer’s former headquarters in Midtown Manhattan has crossed the ...

“Metro Loft’s track record executing complex office-to-residential conversions in New York City, combined with David Werner Real Estate Investments’ deep experience with high ...

The transformation of a pharmaceutical giant's former headquarters is setting records in New York City's real estate market, with developers securing an enormous loan to make it happen. NYC leads ...

Image courtesy of Madison Realty Capital Madison Realty Capital has originated $720 million in construction financing for a joint venture between Metro Loft Developers and David Werner Real Estate ...

A limescale remover here, an oven cleaner there, and before you know it, you’ve got a kitchen cupboard full of cleaning products gathering dust. As a nation, we’re so addicted to throwing ...

“Metro Loft’s track record executing complex office-to-residential conversions in New York City, combined with David Werner Real Estate Investments’ deep experience with high ...