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The team of Jordan Metzger, Alan Rubin, David Rubenstein and Elizabeth Navatto represented Onyx Equities in a joint venture with KBS Strategic Opportunity REIT II

December 8, 2016As Published in: GlobeSt.comAttorneys: Jordan J. Metzger, Alan Rubin and David A. Rubenstein

The team of Jordan Metzger, Alan Rubin, David Rubenstein and Elizabeth Navatto represented Onyx Equities in a joint venture with KBS Strategic Opportunity REIT II to finance and redevelop 210 W. 31st St. in Midtown South. Acquisition and construction financing closed with PCCP. Situated directly across from Madison Square Garden and Penn Station, the property is slated to be redeveloped into two stories of dining and retail space, topped off by a rooftop deck. Demolition of the existing structure is expected to begin in mid-2017 with completion scheduled for mid-2018. When complete, the property will total approximately 30,000 rentable square feet.  Read the full coverage at GlobeSt.com.

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