Manhattan
Fisher Brothers, Alaska Permanent Fund Secure $500M Refi for 299 Park Ave.
Fisher Brothers and Alaska Permanent Fund Corporation completed a $500-million refinancing of 299 Park Ave. provided by Citi Group and JPMorgan. The 1.17-million-square-foot… Read more
Former Apthorp Motor Car Garage Trades on Upper West Side
RIPCO Real Estate closed the sale of the former Apthorp Motor Car Company garage, located in Manhattan’s Upper West Side, for… Read more
Ivanhoé Cambridge, Hines Score $1.1B Refi for 3 Bryant Park
JLL’s Capital Markets group arranged a $1.125-billion refinancing for 3 Bryant Park, a 1.2-million square-foot, trophy office tower located in Midtown… Read more
Newmark Arranges Three Leases at Midtown’s Martin Building
Newmark recently arranged three new office leases on behalf of ownership at 19 W. 34th St., The Martin Building, in… Read more
NYC Now Leads U.S. in Office-to-Apartment Conversion Plans
The New York City metro area now leads the U.S. in its pipeline of planned office-to-residential conversions, taking the top… Read more
MetLife Building Poised for $1.5B Securitized Refi
Continuing a recent flurry of 10-figure Manhattan office securitizations, Bank of America and Wells Fargo once again will lead the… Read more
Activate Games Inks Lease for Flagship Union Square Location
Newmark Retail arranged a 14,814-square-foot retail lease with Activate Games at 24 Union Square East in Manhattan. Vice chairman Jeffrey D. Roseman and director Drew… Read more
Oncology Practice Leases Three Floors at Youngwoo’s Radio Tower
Avison Young arranged a new 35,469-square-foot lease to bring New York Cancer & Blood Specialists (NYCBS), one of the nation’s… Read more
Moinian Group Secures Five-Year Renewal with Gardiner & Theobald
The Moinian Group secured a 27,500-square-foot, five-year lease renewal with Gardiner & Theobald, an independent construction and property consultancy for the built environment,… Read more
MMCC Arranges $90M for Two MN Multifamily Projects
Marcus & Millichap Capital Corporation has arranged $89.6 million in financing for the construction of Bennett Apartments and Harlow Apartments,… Read more
Northwind Provides $135M Acquisition Loan on Former Pfizer Headquarters
Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, provided a $135-million first mortgage acquisition loan secured by the… Read more
Blackstone in Talks to Buy Stake in Manhattan Office Tower
Blackstone is in discussions to buy a sizeable stake in 1345 Ave. of the Americas from Fisher Brothers and institutional… Read more
Retail, Office See Large Increases in CMBS Delinquencies
Four commercial property sectors saw monthly fluctuations in their CMBS delinquency rates of 40 basis points or more in December… Read more
NYC Multifamily Sales Register Year-Over-Year Gains in Dollar Volume, Transactions
New York City’s multifamily market recorded $8.9 billion in dollar volume in 2024, a 14% increase from 2023, according to… Read more
Hartree Partners Locates Headquarters at SL Green Tower
SL Green Realty Corp. signed a new 12-year, 54,250 square foot lease with Hartree Partners covering the entire 24th and 25th floors… Read more
Paramount Group Sells Non-Controlling Interest in 900 Third Ave.
Paramount Group, Inc. said Wednesday it had sold a 45% interest in 900 Third Ave., a 600,000-square- foot, Class A… Read more
Benefit Street Closes $135M Refi Package for Empire Hotel
Benefit Street Partners L.L.C. (BSP) closed a $120-million senior loan and a $15-million mezzanine loan for the refinancing of the… Read more
