269 West 87th Street
Upper Westside, Manhattan
Deal Type: Inventory
Project Type: Leasehold Co-Op
Location: Upper West Side, Manhattan, NY
Investment Size: $38M
Property Size: 60,212 NSF / 24 Units
LOAN OVERVIEW
Scale Lending recently provided a $38 million inventory loan for more than two dozen unsold units at a luxury condominium on the Upper West Side. The borrower is Simon Baron Development Group, who, along with Quadrum Global, developed the Chamberlain, a 38-unit condo building at 269 West 87th Street.