Developer Lands Construction Loans for 24-Story Project At 525 West 52nd Street, Hell’s Kitchen

525 West 52nd Street525 West 52nd Street by Handel Architects

The Real Deal reports Taconic Investment Partners has landed $200 million in construction loans for their 24-story, 392-unit mixed-use project at 525 West 52nd Street, in Hell’s Kitchen. YIMBY brought you news of the project almost exactly a year ago, and Handel is designing. Seventy-nine residential units are expected to be set aside as affordable, and the site’s former five-story structure was demolished in 2014.

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