August 19, 2019 Comments Off on Marriott Hudson Yards Garners $199M Refi Views: 524 Midtown New York, New York News

Marriott Hudson Yards Garners $199M Refi

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Mack Real Estate Credit Strategies provided a $199-million loan to refinance the Courtyard by Marriott Hudson Yards hotel, recently built by David Marx’s Marx Development Group. The loan proceeds will be used to take out a construction loan and other previous financing ahead of the hotel’s planned opening later this month.

Located at 461 W. 34th St., the Courtyard by Marriott Hudson Yards is a newly- constructed 399-key hotel across the street from the Jacob K. Javits Convention Center and near Related’s Hudson Yards mega-development. It will be operated by Endeavor Hospitality Group.

The Courtyard stands 29 stories high and offers a restaurant, 1,700 square feet of meeting space and a fitness center. Ground-floor retail space will be occupied by a Chase bank branch.

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