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The Central at 5th by Hilton Club

New York, NY

12-14 E. 48th St., and 13 E. 47th St., New York, NY 10017

Closing Date: 2016

Providing construction financing to a New York based developer, which will develop a 31-story hospitality property

Project description:

  • The site is located on 47th and 48th Streets between Madison Avenue and 5th Avenue
  • The projects entails the development of a ~123k square foot hospitality property with ~2k square feet of retail space
  • The property is located in close proximity to major tourist attractions including Rockefeller Plaza, Grand Central Terminal, Times Square, and Central Park

Status: Construction completed in 2021. Open and operating.

*Images represent initial renderings

     
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