Rithm Capital obtained a $515 million refinancing package for 31 West 52nd Street, a 785,000-square-foot Class A office tower in Midtown Manhattan’s Plaza District last week.
The refinancing is a mix of bank and non-bank lender capital, comprising a three-year, fixed-rate $415 million senior mortgage securitized in a commercial mortgage-backed securities transaction (NYC Commercial Mortgage Trust 2026-31W).