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Carlton arranges $84M loan for Gotham's 30 Broad Street buy.


Carlton Advisory Services' chairman Howard L. Michaels announced that Carlton has arranged an $84 million acquisition loan on behalf of Gotham Broad, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, an affiliate of Gotham Realty Holdings, a New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 private real estate investment firm controlled by Charles Ishay and Avy Azeroual for 30 Broad Street, a prime 50-story, 431,502 s/f office building located just 200 feet from the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
.

30 Broad Street is situated at the corner of Broad Street and Exchange Place in lower Manhattan Lower Manhattan is the southernmost part of the island of Manhattan, the main island and center of business and government of the City of New York. Lower Manhattan is generally defined as the area delineated on the north by Chambers Street, on the west by the Hudson River (North . At the crossroads of the Financial District, Silicon Alley, Insurance District, World Banking Community and the Shipping Industry, 30 Broad Street has a noteworthy presence as a classic Art Deco office tower.

This prestigious business community is complemented by a marvelous array of amenities including four-star restaurants, luxury hotels, museums, historic sites, and the South Street Seaport The South Street Seaport is a historic area in the New York City borough of Manhattan, located where Fulton Street meets the East River, and adjacent to the Financial District. The Seaport is usually considered a historical district, distinct from the neighboring Financial District.  and Marketplace.

Floor sizes at the property range from 5,355 s/f on the top floors to 14,000 s/f on the lower floors. The lobby was refurbished in 1998 and now features a 24 hour concierge/security reception and renovated elevator interiors. The property also offers 11 high-speed computerized elevators plus one freight elevator, maximum building security, and tenant controlled air conditioning.

30 Broad Street is approximately 90% occupied by a diverse roster of credit quality tenants under long-term leases. Some of the major tenants at the Property include the New York Stock Exchange, Posner Advertising, Bank of New York The Bank of New York, abbrieviated to BNY, was a global financial services company that existed until its merger with the Mellon Financial Corporation on July 2, 2007.[1] The bank now continues under the new name of The Bank of New York Mellon Corporation. , Maximus and Wall Street Systems.
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Title Annotation:Carlton Property Group Ltd.; Gotham Broad, LLC
Publication:Real Estate Weekly
Article Type:Brief article
Geographic Code:1USA
Date:Apr 12, 2006
Words:249
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