Cronheim correspondenton Mortgage Corporation acted as advisor and placement of 25 million U.S. dollars for 600 Madison Ave. New York City. The borrower is 600 Partners Co., LP. And it is on the loan within 15 years and the repayment schedule of 15 years.tiffany jewellery
The property is a 26-storey office building with Class A containing 341000 s / f. Located in the southwest corner of Madison Avenueand 58th Street on the Plaza District of Manhattan. The building was designed by Emery Roth & Sons in 1965. And it has undergone recent improvements including a new lobby.
The primary tenant in the building is Tiffany, which employs 60% of the room. Other office tenants in the building include law firm Pavia & Harcourt, Berkshire Bank and distributors of luxury Chanel. The ground to JP Morgan Chase Commercial leased. 600 Madison Ave. It located in the Plaza District, the most prestigious companies in downtown Manhattan. It’s just a block from Fifth Avenue, the largest revenue centers. In a world of luxury in the area are the most famous buildings like the Plaza Hoteland Trump Tower.UK tiffany