Deutsche Bank, Goldman Sachs and Brookfield are providing the debt.
“The address is CBS” was once the television network’s slogan. Now, the CBS Building’s location at 51 West 52nd Street is also the address of the latest mega-office financing to close in New York City.
Harbor Group International (HGI) just closed on its $760 million acquisition of the trophy office property — also known as Black Rock — with a $558 million commercial mortgage-backed securities (CMBS) financing, sources close to the transaction told Commercial Observer.