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Moinian’s 605 W. 42nd St. Secures Construction Loan


The Moinian Group has secured a $539 million loan with the New York State Housing Finance Agency, with credit enhancement from The Bank of China and Ullico. Upon completion the new tower at 605 W. 42nd St. will offer residents access to luxury amenities that are unmatched by any other building in the City. The building also includes 20,000 square feet of professionally landscaped terrace and deck space all designed in collaboration with the Rockwell Group and Thomas Balsley Associates.