Shearman & Sterling advised Landesbank Baden-Wurttemberg, New York Branch in connection with a loan of $225 million to West 30th HL LLC, an affiliate of The Related Companies, L.P., in connection with the building known as One Hudson Yards, located at 530 West 30th Street, New York, NY.
The new financing replaces existing acquisition, project and building facilities that were used by the owner to develop the 33-story luxury residential property.
One Hudson Yards is the most recent residential building to be completed as part of the West Side Hudson Yards mega project and is immediately adjacent to the Highline.
Shearman advised with a team including Paul Balaam (Picture) and Robert Fagiola.
Law Firms: Shearman & Sterling;
Clients: Landesbank Baden-Württemberg;