Trump's Loan Extension on a Manhattan Building Shows His Debt Options
- Lender agrees to extend mortgage on Trump Park Avenue to 2021
- Alex Rodriguez, Rupert Murdoch among condo’s former residents
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A recently refinanced mortgage for a building in Manhattan may show how Donald Trump is able to deal with his upcoming debt maturities, albeit at a higher cost.
Investors Bank agreed to extend the mortgage on Trump Park Avenue, a condo building at the corner of 59th Street, by a year to 2021, according to his latest financial disclosure, released hours after he left office.