$250M Secured for Gotham West Side Development

As reported in The Real Deal, Gotham Organization has received $250 million in financing for 550 10th Avenue, which will be developed into a 430,000 square-foot mixed-use building. Approximately 30% of the building’s 453 apartments will be affordable. Amenities will include Amazon package storage, a bike room, and a 45th-floor terrace. Gotham will also build a new 80,000 square-foot replacement facility for Covenant House on the adjacent lot as part of the project.