Unfazed by a sluggish leasing market, Minskoff Equities closes on a $160M loan to build what...

|By:, SA News Editor

Unfazed by a sluggish leasing market, Minskoff Equities closes on a $160M loan to build what will be the only office building going up in NYC without a tenant. The 430K square foot building is due for completion in Spring 2013. Expectations for a big leasing year in the city were optimistic as 2011 figures look to be coming in about the same as 2010.