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Developer Secures $86M Loan for 64-Story Skyscraper at 111 Washington Street in the Financial District

Preliminary rendering of 111 Washington Street, formerly 8 Carlisle Street
Preliminary rendering of 111 Washington Street, formerly 8 Carlisle Street
Source: New York Yimby

Grubb Properties has closed on an $86 million loan to construct a residential skyscraper at 111 Washington Street in Manhattan’s Financial District. The development was originally addressed as 8 Carlisle Street and was expected to top out at 50 stories. Updated plans specify a 64-story tower with more than 326,000 square feet of interior space.

Read Full Article on New York Yimby

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