New York & Tri-State CRE News | New York Commercial Real Estate News

Parkview Financial Provides Construction Loan for Condo Tower Near City Hall

New York & Tri-State + Downtown New York + Apartments | June 15, 2021

Coinbase Subleases at 55 Hudson Yards for First NYC Office

New York & Tri-State + Midtown New York + Office | June 15, 2021

111 Wall St. Redevelopment Lands $500M+ Debt Package

New York & Tri-State + Downtown New York + Finance | June 15, 2021

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Latest Downtown New York Stories

111 Wall St. Redevelopment Lands $500M+ Debt Package

New York & Tri-State + Downtown New York + Finance | June 15, 2021

Newmark (dba Newmark Knight Frank in New York) has closed an acquisition and construction loan for 111 Wall St. on behalf of Nightingale Properties and Wafra Capital Partners. The frequent institutional joint venture partners will use a debt package exceeding $500 million to reposition and redevelop the 1.2-million-square-foot 111 Wall St. into a Class A office destination in Lower …

Parkview Financial Provides Construction Loan for Condo Tower Near City Hall

New York & Tri-State + Downtown New York + Apartments | June 15, 2021

Parkview Financial provided a $90-million construction loan to 1 Park Row Development, LLC, an entity of Circle F Capital, for the development of a 23-story mixed-use building at 1 Park Row in Lower Manhattan. The 103,000-square-foot property will contain 58 residential condominiums, 19,000 square feet of office, retail condos and amenity areas. Demolition is now underway …

Latest Fairfield/Westchester Stories

CushWake Arranges Six Leases at White Plains Offices

New York & Tri-State + Fairfield/Westchester + Office | June 11, 2021

Cushman & Wakefield recently arranged six leases totaling 105,840 square feet at 44 South Broadway, a 900,000-square-foot office tower known as Westchester One in White Plains, NY. A Cushman & Wakefield agency leasing team of Matthew Lisk, Steve Baker and Michael McCarthy represented the landlord, Argent Ventures, in all transactions. The leases included: A new 41,109-square-foot lease for …

IPA Closes Sale of Apartments Near Stamford CBD

New York & Tri-State + Fairfield/Westchester + Apartments | June 8, 2021

Institutional Property Advisors (IPA), a division of Marcus & Millichap, recently closed the sale of Hoyt Bedford, a 350-unit apartment complex in Stamford, CT. Terms of the sale weren’t disclosed. “Hoyt Bedford is a 100% market-rate, legacy asset located on the edge of Stamford’s central business district,” said Victor Nolletti, IPA executive managing director. “Just a short walk from Bedford Street Restaurant Row, …

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