Spitzer snags $388M loan for Williamsburg complex

Eliot Spitzer’s development firm has secured a $388 million refinancing package for its massive rental complex at 420 Kent Avenue on the Williamsburg waterfront. Meridian Capital Group arranged the 10-year, interest-only CMBS loan, which was provided by Citigroup, Commercial Observer reported, citing sources familiar with the deal. The new loan replaces a $386 million loan provided by KKR Real Estate Finance Trust in May 2019. The 1.5 million-square-foot complex consists of three glass towers designed

The post Spitzer snags $388M loan for Williamsburg complex appeared first on The Real Deal New York.

Eliot Spitzer Tax Returns Partially Released Following Criticism

NEW YORK — Eliot Spitzer released parts of his federal tax returns for the last two years on Wednesday, but withheld significant portions that would give a full picture of his wealth. The mini-document dump came after Spitzer, a candidate for New York City comptroller, was pounded by critics Tuesday for refusing to provide his …