Apr 20, 2026

Apr 20, 2026

CSC nabs financing for another NYC conversion

CSC nabs financing for another NYC conversion

CSC Real Estate has another Manhattan conversion in play, taking up the mantle from David Werner.

The developer landed $108 million in construction financing for the office-to-residential project at 300 East 42nd Street, also referred to as 770 Second Avenue, the Commercial Observer reported. SCALE Lending, an arm of Slate Property Group, provided the debt at the Murray Hill property.

Arrow Real Estate Advisors’ Morris Betesh, Morris Dabbah and Louis Halperin arranged the financing.

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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.