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Related, Oxford Score $1.4B Refi for 10 Hudson Yards
10 Hudson Yards, the Far West Side office tower home to L’Oreal USA, has secured a roughly $1.4-billion refinancing, Bloomberg News reported. A group of lenders led by Wells Fargo and including Goldman Sachs is providing the loan, which is tied to the renewal of L’Oreal’s lease, according to people familiar with the matter.
The refi is the latest in a string of financings in the nine- and 10-figure range for Manhattan trophy office properties owned by top landlords. It follows big-ticket loans tied to Soloview Group’s 9 W. 57th St., Brookfield’s 2 Manhattan West, SL Green Realty Corp.’s 1 Madison Ave. and Olayan’s 550 Madison Ave.
In addition, Related Companies and Oxford Properties began 2026 by securing $2.45 billion in debt and equity to build the 1.4-million square-foot 70 Hudson Yards, which will be anchored by the U.S. headquarters of Deloitte. The 1.8-million-square-foot 10 Hudson Yards is fully leased.
- ◦Financing
