NEW YORK - Summit Bank of Princeton, N.J., originated a $64 million construction loan to finance the renovation of 48 Wall St., the former headquarters of Bank of New York.

The borrower is 48 Wall Street LLC, a joint venture between Swig Burris Equities and MacDonald & Cie, which bought the 34-story, 314,000-square-foot office tower from Bank of New York two years ago. The landmark building was built in 1927.

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