header_bar

Free-Newsletter
 
Print Magazine sign up here
We want your news! Submit Here
 
Last Updated ( Wednesday, 19 December 2012 14:53 )
DATE_FORMAT_LC2=Wednesday,December 19 2012 12:00:00 am EST   
Prudential Provides $85 Million in Financing for Kips Bay Plaza

KipsBayPlazaNEWSCourtesy of LoopNetNew York  — Prudential Mortgage Capital Co. has provided an $85 million loan for Kips Bay Plaza, a 171,325-square-foot retail center in Manhattan. The 15-year financing carries a fixed-rate. Fairway Supermarkets anchors the property. Additional tenants include an AMC movie theater, Rite Aid pharmacy, Petco and Staples. Chris Lama of NY Urban Real Estate Services arranged the loan on behalf of the borrower, MD Carlisle and JD Carlisle, who developed the property in 1998. Evan Stein of MD Carlisle says the financing was a "culmination of a three-year effort on our part to reposition the property." Prudential Mortgage Capital Co. is the commercial mortgage lending business of Prudential Financial Inc. 

 

Your are currently browsing this site with Internet Explorer 6 (IE6).

Your current web browser must be updated to version 7 of Internet Explorer (IE7) to take advantage of all of template's capabilities.

Why should I upgrade to Internet Explorer 7? Microsoft has redesigned Internet Explorer from the ground up, with better security, new capabilities, and a whole new interface. Many changes resulted from the feedback of millions of users who tested prerelease versions of the new browser. The most compelling reason to upgrade is the improved security. The Internet of today is not the Internet of five years ago. There are dangers that simply didn't exist back in 2001, when Internet Explorer 6 was released to the world. Internet Explorer 7 makes surfing the web fundamentally safer by offering greater protection against viruses, spyware, and other online risks.

Get free downloads for Internet Explorer 7, including recommended updates as they become available. To download Internet Explorer 7 in the language of your choice, please visit the Internet Explorer 7 worldwide page.