Real Estate Weekly

Singer & Bassuk Organization arranges $30 million loan for Turtle Bay Towers. (cooperative apartment building in New York, New York)

Real Estate Weekly | June 3, 1998 | Copyright

The Singer & Bassuk Organization has arranged a $30 million underlying mortgage for Turtle Bay Towers, a 338-unit cooperative apartment building located at 310 East 46th Street. The financing, which was provided by PruExpress through its advisor, JHP Realty Advisors, is believed to be one of the largest underlying loans ever placed on a New York City luxury cooperative apartment building.

The Singer & Bassuk Organization was represented in the transaction by Andrew J. Singer, chairman and CEO, and Kathleen McSharry, senior managing director.

Turtle Bay Towers has had…

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