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Friday, September 25, 2026The Morning Brief →Sign in
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Sean Bastian

In PWD coverage since September 25, 2026 · 1 story
PWD coverage
Deals & PE

Legion and SMA debt-fund a tower that doesn't exist yet

A $99 million loan carries the sponsors through demolition on three Upper East Side parcels, which puts the risk exactly where no income statement can reach it.
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