{"id":6880,"date":"2026-05-21T07:42:53","date_gmt":"2026-05-21T07:42:53","guid":{"rendered":"https:\/\/www.commercialsearch.com\/blog\/?p=6880"},"modified":"2026-05-21T05:07:21","modified_gmt":"2026-05-21T05:07:21","slug":"solow-building-refinance-loan","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/blog\/solow-building-refinance-loan\/","title":{"rendered":"Solow Building Gets $1.8B Refi From Bank of America"},"content":{"rendered":"

The Soloviev Group recently announced the successful refinancing of its flagship tower, 9 West 57th St. Lead lender Bank of America, along with Wells Fargo and Citi Real Estate Funding, originated a $1.80 billion, interest-only, fixed-rate commercial mortgage loan for the property, which will mature in June 2031, according to S&P Global<\/a>.<\/p>\n

\u201cThis refinancing is a clear validation of the strength of 9 West 57th Street and the collaborative success of lead lender Bank of America, and secondary leads Wells Fargo and Citibank,\u201d said Stefan Soloviev, chairman of Soloviev Group.<\/p>\n

Combining iconic architecture, sweeping Central Park views, and an unparalleled tenant experience, 9 West 57th Street continues to hold a high standard among trophy assets. The 50-story property incorporates more than 1.6 million square feet of rentable Manhattan office space<\/a> and recently wrapped up renovation work last year.<\/p>\n

Work on the iconic Billionaires\u2019 Row building included upgrades to the lobby, elevators, and building systems technology. What\u2019s more, improvements to the tenant experience included the addition of an amenity floor \u2014 20,000 square feet offering exceptional Central Park views; modern conferencing; a multifunctional meeting space; a grab-and-go coffee bar; executive dining; and a hospitality area.<\/p>\n

Located in the Plaza District submarket, the Solow Building at 9 West 57th St., has attracted one of the strongest rosters of commercial tenants in New York City over the last several years, most recently signing HBeyond, the U.S. Soccer Federation, Hess Group, Beaconlight Capital, and Platinum Equity. What\u2019s more, long-term large footprint occupiers in the building include Apollo Global Management, CHANEL, Loews Corporation, Qatar Investment Authority, Coatue, Veritas, and Standard Industries.<\/p>\n

Fresh off a record office deal that saw a private international family office sign a 10-year lease for an average of $327.50 per rentable square foot in the building\u2019s top floor, the recent refinancing loan issued adds to the validation of the Class A building’s exceptional quality, strong tenant demand, and continued outperformance at the top of the market.<\/p>\n","protected":false},"excerpt":{"rendered":"

Recent renovation work to the iconic Billionaires\u2019 Row building included upgrades to the lobby, elevators, building systems technology, and a 20,000-square-foot tenant amenity floor. <\/p>\n","protected":false},"author":48,"featured_media":6881,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-6880","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-office-news"],"acf":[],"yoast_head":"\nSolow Building $1.8 Billion Refi | CommercialSearch<\/title>\n<meta name=\"description\" content=\"The refinance solidifies the Class A Manhattan office building's outstanding quality in the market, seconded by strong office tenant demand.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/blog\/solow-building-refinance-loan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solow Building $1.8 Billion Refi | CommercialSearch\" \/>\n<meta property=\"og:description\" content=\"The refinance solidifies the Class A Manhattan office building's outstanding quality in the market, seconded by strong office tenant demand.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/blog\/solow-building-refinance-loan\/\" \/>\n<meta property=\"og:site_name\" content=\"CommercialSearch\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-21T07:42:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2026\/05\/manhattan-skyline-billionaires-row-across-central-park.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1300\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ioana Ginsac\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ioana Ginsac\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/blog\/solow-building-refinance-loan\/\",\"url\":\"https:\/\/www.commercialsearch.com\/blog\/solow-building-refinance-loan\/\",\"name\":\"Solow Building $1.8 Billion Refi | CommercialSearch\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/blog\/solow-building-refinance-loan\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/blog\/solow-building-refinance-loan\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2026\/05\/manhattan-skyline-billionaires-row-across-central-park.jpg\",\"datePublished\":\"2026-05-21T07:42:53+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/blog\/#\/schema\/person\/48aeaad10a9efc4d927324fcb20632f2\"},\"description\":\"The refinance solidifies the Class A Manhattan office building's outstanding quality in the market, seconded by strong office tenant demand.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/blog\/solow-building-refinance-loan\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/blog\/solow-building-refinance-loan\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/blog\/solow-building-refinance-loan\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2026\/05\/manhattan-skyline-billionaires-row-across-central-park.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2026\/05\/manhattan-skyline-billionaires-row-across-central-park.jpg\",\"width\":1300,\"height\":800,\"caption\":\"manhattan skyline billionaires row across central park\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/blog\/solow-building-refinance-loan\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Solow Building Gets $1.8B Refi From Bank of America\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/blog\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/blog\/\",\"name\":\"CommercialSearch\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/blog\/#\/schema\/person\/48aeaad10a9efc4d927324fcb20632f2\",\"name\":\"Ioana Ginsac\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/8c5f5914f0f974fc873bb1a038d7e7f5662f7de3395aee899b92a07f9ed68a3c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/8c5f5914f0f974fc873bb1a038d7e7f5662f7de3395aee899b92a07f9ed68a3c?s=96&d=mm&r=g\",\"caption\":\"Ioana Ginsac\"},\"description\":\"Ioana is a content writer who has been covering all-things-CRE (and more) for several Yardi network publications since 2017. You will find her byline regularly in industry news and market reports, but also on articles covering sustainable development, green urbanism, and innovation, all of which she has been passionately learning about for more than a decade. Her work has been referenced by publications including AmericanInno, Bisnow, BusinessInsider, Commercial Property Executive, Curbed, Fast Company, Forbes, GlobeSt.\",\"url\":\"https:\/\/www.commercialsearch.com\/blog\/author\/ioana-ginsac\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Solow Building $1.8 Billion Refi | CommercialSearch","description":"The refinance solidifies the Class A Manhattan office building's outstanding quality in the market, seconded by strong office tenant demand.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/blog\/solow-building-refinance-loan\/","og_locale":"en_US","og_type":"article","og_title":"Solow Building $1.8 Billion Refi | CommercialSearch","og_description":"The refinance solidifies the Class A Manhattan office building's outstanding quality in the market, seconded by strong office tenant demand.","og_url":"https:\/\/www.commercialsearch.com\/blog\/solow-building-refinance-loan\/","og_site_name":"CommercialSearch","article_published_time":"2026-05-21T07:42:53+00:00","og_image":[{"width":1300,"height":800,"url":"https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2026\/05\/manhattan-skyline-billionaires-row-across-central-park.jpg","type":"image\/jpeg"}],"author":"Ioana Ginsac","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ioana Ginsac","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/blog\/solow-building-refinance-loan\/","url":"https:\/\/www.commercialsearch.com\/blog\/solow-building-refinance-loan\/","name":"Solow Building $1.8 Billion Refi | CommercialSearch","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/blog\/solow-building-refinance-loan\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/blog\/solow-building-refinance-loan\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2026\/05\/manhattan-skyline-billionaires-row-across-central-park.jpg","datePublished":"2026-05-21T07:42:53+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/blog\/#\/schema\/person\/48aeaad10a9efc4d927324fcb20632f2"},"description":"The refinance solidifies the Class A Manhattan office building's outstanding quality in the market, seconded by strong office tenant demand.","breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/blog\/solow-building-refinance-loan\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/blog\/solow-building-refinance-loan\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/blog\/solow-building-refinance-loan\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2026\/05\/manhattan-skyline-billionaires-row-across-central-park.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2026\/05\/manhattan-skyline-billionaires-row-across-central-park.jpg","width":1300,"height":800,"caption":"manhattan skyline billionaires row across central park"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/blog\/solow-building-refinance-loan\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Solow Building Gets $1.8B Refi From Bank of America"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/blog\/#website","url":"https:\/\/www.commercialsearch.com\/blog\/","name":"CommercialSearch","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/blog\/#\/schema\/person\/48aeaad10a9efc4d927324fcb20632f2","name":"Ioana Ginsac","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/8c5f5914f0f974fc873bb1a038d7e7f5662f7de3395aee899b92a07f9ed68a3c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/8c5f5914f0f974fc873bb1a038d7e7f5662f7de3395aee899b92a07f9ed68a3c?s=96&d=mm&r=g","caption":"Ioana Ginsac"},"description":"Ioana is a content writer who has been covering all-things-CRE (and more) for several Yardi network publications since 2017. You will find her byline regularly in industry news and market reports, but also on articles covering sustainable development, green urbanism, and innovation, all of which she has been passionately learning about for more than a decade. Her work has been referenced by publications including AmericanInno, Bisnow, BusinessInsider, Commercial Property Executive, Curbed, Fast Company, Forbes, GlobeSt.","url":"https:\/\/www.commercialsearch.com\/blog\/author\/ioana-ginsac\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2026\/05\/manhattan-skyline-billionaires-row-across-central-park.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/blog\/wp-json\/wp\/v2\/posts\/6880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/blog\/wp-json\/wp\/v2\/users\/48"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/blog\/wp-json\/wp\/v2\/comments?post=6880"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/blog\/wp-json\/wp\/v2\/posts\/6880\/revisions"}],"predecessor-version":[{"id":6885,"href":"https:\/\/www.commercialsearch.com\/blog\/wp-json\/wp\/v2\/posts\/6880\/revisions\/6885"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/blog\/wp-json\/wp\/v2\/media\/6881"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/blog\/wp-json\/wp\/v2\/media?parent=6880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/blog\/wp-json\/wp\/v2\/categories?post=6880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/blog\/wp-json\/wp\/v2\/tags?post=6880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}