430 West 37th Street Update 09/20/24

Developer Lands $117.5M Loan for Hell's Kitchen Condo Project

Developer,

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, has secured a $117.5 million loan for an 11-story, mixed-use project, set for 430 West 37th Street in Manhattan's Hell's Kitchen neighborhood. Issued by Maxim Capital Group, this influx of funding will be put towards construction costs.

The building will contain

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residential condo units,
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square feet of commercial space (likely retail), and 382 square feet of community facility space.

Designed by

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, with
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serving as the general contractor, the structure will stand
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feet tall and total
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square feet altogether. The lot is currently occupied by a pair of low-rise commercial buildings. These will have to be demolished in order to make way for the new development.

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