Muss Development has secured a $75.4 million loan for the Forest Hills Tower at 118-35 Queens Blvd., The Real Deal reported.
The 16-story, 519,000-sq.-ft. property was once the headquarters of JetBlue Airways.
The loan was provided by AXA Equitable Life Insurance Co., which assumed the $72.8 million unpaid balance from a 2016 mortgage provided by Ladder Capital. The new loan package also includes a $2.5 million gap mortgage.
