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