Glenwood Management secured a $231 million refinancing loan from the NYS Housing Finance Agency for its 339-unit rental building at 160 West 62nd Street in Lincoln Square. The 54-story tower, known as Hawthorn Park, was originally financed with a $260 million loan in 2014. Glenwood purchased the site from Fordham University in 2011 for $125 million. The building features retail space and amenities, including a lap pool, spa, fitness center, lounge, outdoor terrace, and children’s playroom. The property previously gained attention for its strict pet policies, including a ban on dogs over 15 pounds.
NYS Housing Finance Agency
