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3 Firms Steer $376M Loan For Brooklyn Watchtower Building

Blackstone Mortgage Trust Inc. and SL Green Realty Corp. have provided $376 million in new financing in connection with Kushner Cos.’ recent $340 million purchase of the Watchtower building in Brooklyn’s Dumbo district from the Jehovah’s Witnesses, working with a trio of law firms, according to records made public in New York on Thursday.

Schulte Roth & Zabel LLP represented Blackstone and SL Green, Greenberg Traurig LLP guided Kushner and LIVWRK LLC, one of Kushner’s partners, and Paul Weiss Rifkind Wharton & Garrison LLP represented CIM Group Inc., Kushner’s other partner for the property.


Kushner and LIVWRK are represented by Robert J. Ivanhoe, Stephen L. Rabinowitz and Kristen J. Lonergan of Greenberg Traurig LLP.

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