Blackstone’s defaulted NYC office tower being sold at more than 50% discount
More than a year ago, Blackstone defaulted on a $308 million mortgage on a Manhattan office tower, and that debt is now on sale at a discount of more than 50%. Special servicer Midland Loan Services was hired by brokerage firm Jones Lang LaSalle to sell Blackstone's loans. The loan is backed by 1740 Broadway, […]