Katten represented developer The Moinian Group in obtaining $539 million in construction financing from the New York State Housing Finance Agency for its West 42nd Street residential tower project—the largest under-construction residential project in New York. The 1.16 million-square-foot residential tower will offer 939 apartments at market rates and 235 units of affordable housing. Katten Real Estate partners Kenneth Lore, Glenn Miller and Jeffrey Scharff represented Moinian with assistance from associate Julia Schmidt.
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