Eretz Group, led by Abraham Talassazan, secured a $34.4 million loan modification and extension for its office building at 252 West 37th Street in the Garment District, Manhattan. This modification halted a pre-foreclosure action related to a $41 million loan originally secured in 2013. The 139,629-square-foot property was purchased in 2007 for $33.7 million. The loan price per square foot is $246.
Eretz Group
