Wells Fargo has provided a $530-million package to Brookfield Property Partners to finance construction of its office skyscraper 1 Manhattan West, according to records filed with the New York City Department of Finance, Commercial Observer reports.
The package includes a $450 million building loan and an $80 million project loan, according to records.
The project, a 67-story, 2.1 million-sq.-ft. office building, is part of Brookfield’s Manhattan West, which will feature six buildings, totaling seven million square feet of office, residential and hotel space as well as a large public, landscaped plaza.
