Bank of China and two other global lenders are providing a $600 million package to L&L Holding Co. to refinance 200 Fifth Avenue and an adjacent parcel at 23 West 23rd Street in the NoMad neighborhood of New York City, according to Commercial Observer.
The property was built in 1909 and renovated in 2012. The asset stands 14-stories tall and comprises approximately 850,000 square feet. Tenants include Grey Advertising and Tiffany & Co.