The Witkoff Group has secured a $42 million from Deutsche Bank to refinance two office condos at 420 Fifth Avenue. Major League Soccer league (MLS) occupies the two units on the entire sixth and seventh floors, according to CO.
Worth Noting: MLS’s lease expires in October 2021. The two condo units span a total of 64,000 square feet.
Dig Deeper: The 600,000 square-foot building sits between 37th and 38th Streets, and is comprised of 45 office condos.