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Stellar lands Refi at 44 West 28th Street

44 West 28th Street (Credit: Surface Design)

Stellar Management has secured a $78 million loan from New York Community Bank to refinance 44 West 28th Street. The 16-story office building spans 142,000 SF, and includes a retail component (9,000 SF), according to CO.

  • Financing details: The deal consolidated $66.9 million in previous debt, and also includes a new $11.1 million mortgage. 
  • Tenants include: WeWork (34,500 SF), Gust, and Reboot. 
  • Flashback: Stellar paid $51.5 million for the property in 2007.

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