Maefield Development, Fortress Investment Group and L&L Holding Co expect their hotel and retail project in Times Square to eventually be worth $4.2B.
TSX Broadway will become at 550K SF, 46-story tower in Times Square.
TSX Broadway in Times Square could become home to a casino
L&L and CREP enivision for Wynwood a Class-A office tower, indoor-outdoor retail space and a highly amenitized luxury residential building.
L&L and Fortress failed to pay off the $1.1B mortgage when it matured, paving the way for lenders to take control.
Shawn Katz has been at Silverstein Capital Partners since it launched in 2018, most recently serving as senior managing director.
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