FR EA

Extract to table

Pull the structured facts out of a document: parties, dates, amounts, obligations.

Extract to table / title-review-memo.docx
title-review-memo.docx · 1031-00004

Parties

HARKNESS LLP
Metropolitan Transit Development Corp
Hudson Yards West Mortgage LLC
HYW Mortgage LLC
Clearfield Whitmore LLP
Blackwell LLP
Hudson Yards West Mezzanine LLC
HYW Mezzanine LLC

Dates

March 20, 2025
June 15, 2025
April 15, 2025
March 14, 2025
March 10, 2025
March 15, 2025
May 13, 2025
June 30, 2025
July 15, 2025
February 28, 2025

Amounts

$475,000,000
$200,000,000
$1,236,000
$95,000
$125,000
$50,000,000
$500,000
$13,300,000
$45,000,000
$412,000,000

Obligations

Updated real property tax, water, and sewer searches must be obtained and reviewed to confirm that all municipal charges are current and that no liens exist that would be superior to the proposed mortgage
A lot merger or consolidation application must be filed with the NYC Department of Finance, or alternatively, Sentinel Title must confirm its willingness to insure over the separate lots under a single policy with the appropriate contiguity endorsement (ALTA 4
The metes and bounds description must be confirmed against the updated ALTA/NSPS Land Title Survey upon its completion
Any discrepancies between the legal description in the commitment and the survey must be reconciled prior to the issuance of the final policy
Given the target closing date of June 15, 2025, the request must be submitted no later than early May 2025, and ideally sooner
Analysis: HYW Mezzanine LLC has similarly not yet been formed and must be organized as a Delaware limited liability company with authority to do business in New York