Ian Bruce Eichner snags $420M in financing for Flatiron tower

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skyscrapercity

New York developer Ian Bruce Eichner has secured $420 million in financing for his 800-foot condominium tower at 45 East 22nd Street, giving the glassy tower the funding needed for completion. The commitments include more than $340 million from a Goldman Sachs Group debt fund and an additional $80 million in preferred equity from Dune Real Estate Partners and Fortress Investment Group, the Wall Street Journal reported. ...read more