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Moinian, Chetrit and Minskoff secure $375M to refinance NYC office complex

Real estate companies The Moinian Group Development Corp., Chetrit Group LLC and Edward J. Minskoff Equities Inc. obtained a $375 million loan from American International Group Inc. to refinance the two-building office complex at 500-512 7th Ave. in Manhattan, N.Y., The Real Deal reported, citing Debtwire.

The new loan replaces a 2006 financing, which included a $186 million loan and a $20.1 million loan.

The property counts WeWork Cos. and Touro College among its tenants, according to the report.