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Related Secures Big Hudson Yards Loan | Real Estate News
Related Companies just locked in a $421.5 million loan for 30 Hudson Yards from Bank of America, replacing an older deal — a bold move signaling confidence in the building’s future as Manhattan’s commercial real estate scene heats up. The tower, originally acquired via a sale-leaseback with Warner Bros. Discovery and later expanded by KKR, remains a magnet for top tenants like law firms and finance groups, driving rents to record highs. Meanwhile, Related is accelerating momentum elsewhere: Deloitte has signed on ahead of schedule for a new tower, and negotiations are underway for another…
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