The Greenwich by Rafael Viñoly

The Greenwich by Rafael Viñoly

Location:

New York

Location:

New York

Location:

New York

Area:

400,000+ sq. ft.

Area:

400,000+ sq. ft.

Area:

400,000+ sq. ft.

Year:

2025

Year:

2025

Year:

2025

Type:

Residential

Type:

Residential

Type:

Residential

The Greenwich by Rafael Viñoly

Project Overview

Project Overview

Project Overview

Location

Downtown Manhattan, New York, NY

Location

Downtown Manhattan, New York, NY

Location

Downtown Manhattan, New York, NY

Number of Units

272 residences across 88 stories; 912 ft. tall

Number of Units

272 residences across 88 stories; 912 ft. tall

Number of Units

272 residences across 88 stories; 912 ft. tall

Budget

$350,000,000

Budget

$350,000,000

Budget

$350,000,000

Asset Tyoe

Luxury Residential Tower

Asset Type

Luxury Residential Tower

Asset Tyoe

Luxury Residential Tower

Transaction Challenges:

The deal required a complex recapitalization to reduce high construction loan costs while maintaining momentum on a landmark 88-story luxury development. Securing lender confidence for a project of this scale, with its distinctive design and premium positioning, added to the complexity amid a shifting capital markets environment.

Transaction Challenges:

The deal required a complex recapitalization to reduce high construction loan costs while maintaining momentum on a landmark 88-story luxury development. Securing lender confidence for a project of this scale, with its distinctive design and premium positioning, added to the complexity amid a shifting capital markets environment.

Transaction Challenges:

The deal required a complex recapitalization to reduce high construction loan costs while maintaining momentum on a landmark 88-story luxury development. Securing lender confidence for a project of this scale, with its distinctive design and premium positioning, added to the complexity amid a shifting capital markets environment.

ArrowREA Solution:

Arrow Real Estate Advisors structured a creative financing solution that effectively recapitalized the project. The financing significantly lowered construction loan costs and reinforced the long-term viability of the development. The successful closing underscores investor confidence in The Greenwich as a premier residential destination and one of Rafael Viñoly’s final architectural masterpieces in New York City.

ArrowREA Solution:

Arrow Real Estate Advisors structured a creative financing solution that effectively recapitalized the project. The financing significantly lowered construction loan costs and reinforced the long-term viability of the development. The successful closing underscores investor confidence in The Greenwich as a premier residential destination and one of Rafael Viñoly’s final architectural masterpieces in New York City.

ArrowREA Solution:

Arrow Real Estate Advisors structured a creative financing solution that effectively recapitalized the project. The financing significantly lowered construction loan costs and reinforced the long-term viability of the development. The successful closing underscores investor confidence in The Greenwich as a premier residential destination and one of Rafael Viñoly’s final architectural masterpieces in New York City.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.

We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.