HFF Arranges $80M in Financing for New York’s Puck Building
- Oct 08, 2010
October 8, 2010
By Allison Landa, News Editor
A historic New York building now has a first mortgage. The New York and New Jersey offices of Holliday Fenoglio Fowler have arranged $80 million in first-mortgage financing for the 265,000-square-foot Puck Building in SoHo. The building is located at 293-309 Lafayette Street at the corner of Houston Street.
Listed on the National Register of Historic Places, the Puck Building was originally built in 1885 and was the headquarters of satire publication Puck Magazine. Its current tenants include New York University, REI and Swanke Hayden Connell Headquarters
HFF senior managing directors Mike Tepedino and Jose Cruz, along with director Steven Klein, worked on behalf of the borrower, Kushner Cos. Kushner is a developer, owner and asset manager whose portfolio consists of eight million square feet of office, industrial and retail space and more than 5,000 apartments.
According to Tepedino, the building is one of the most high-profile retail locations in New York City.