I found the following on Ark Partners' website.

I wonder if this will rise on the southeast corner of 65th and Lex. I think I remember reading somewhere that the house there was sold.

Participating first mortgage loan secured by a 65,900 square foot mixed use development project located on Lexington Avenue and 65th Street in New York City. Such development project consists of the construction of a 15-story building containing 25 luxury residential condominium units, approximately 5,908 square feet of ground floor retail space and approximately 2,000 square feet of storage space.