Manhattan
New Leases and Renovations Lead to $73M Refi
ATCO Properties & Management borrowed $72.75 million from MetLife Investment Management to refinance 240-246 W. 35th St., an office property… Read more
10-Year Interest-Only Loan for 64 Wooster St
Zar Properties borrowed $48 million from Citi Real Estate Funding to refinance 64 Wooster St., a boutique office building in… Read more
$200-Per-SF for Midtown East Restaurant Space
It took just two weeks to arrange the 15-year lease for a new upscale Kosher restaurant by star Chef Josh… Read more
Medical Complex Rehabbed to 205 Apartments at 30 Morningside Dr.
Delshah Capital has borrowed $130 million from Square Mile Capital Management to finance the conversion of a five-building medical facility… Read more
Top Midtown Office Lease Revealed: New Research from JLL
Companies can’t get enough of the Class-A office space in Midtown Manhattan — 24 of the top 26 office leases… Read more
Companies Lease 7M-SF of Manhattan Office Space: CBRE
Companies leased 7 million square feet of office space in Manhattan in the fourth quarter of 2017. That’s 10% higher… Read more
New Owners Plan Gut Rehabs at 30 & 32 Howard St.
K Property Group (KPG) and Intercontinental Real Estate Corporation have purchased 30 Howard St. and 32 Howard St., two five-story… Read more
City’s Cancels $10M in Tax Breaks as Aetna Waffles on Manhattan Move
City officials have cancelled the $9.6 million package of incentives offered to Aetna in exchange for moving its headquarters to… Read more
Pokebab Pays $375-per-SF to Move to the Upper West Side
Pokebab, a fast casual restaurant specializing in poké bowls, burritos and salads, has leased a 952-square-foot space at 2047 Broadway… Read more
Law Firm Renews for 251K-SF at the Black Rock Building
Good news for the Midtown landmark known as the the Black Rock Building for it dark granite facade: The law… Read more
Café Metro Leases 5K SF in Midtown
Café Metro signed a 12-year lease for the 5,181 square feet of retail space at 240-246 W. 35th St., an 18-story… Read more
New York Proton Center Nears Completion in East Harlem
Workers are beginning the final installation of proton beam equipment at New York Proton Center (NYPC), which will provide advanced… Read more
Sam Chang Gets $121M to Build Hotel at 140 W. 28th St.
The Mcsam Hotel Group, led by Sam Chang, received $121.35 million in debt and equity to build a 45-story, 526-key… Read more
$164K-Per-Unit for Harlem Apartments at 208 and 212 W. 133rd St.
An investor paid $9 million for two buildings with a total of 55 apartments located at 208 and 212 W.… Read more
$1B Financing Package for Central Park Tower
Extell Development Company has borrowed a total of $1.135 billion to build Central Park Tower, a new, 1,550-foot-tall tower with… Read more
Construction Begins on 456 Greenwich St.
Developers broke ground on the construction of a new eight-story, 94,000-square-foot, luxury hotel at 456 Greenwich St. in Manhattan’s TriBeCa… Read more
80 Broad Gets $235-M Recapitalization in Financial District
The owners of 80 Broad Street have completed a $235 million recapitalization of the a 423,000-square foot Art Deco office… Read more
Office Leasing Velocity More Than Four Times Faster in 4th Quarter
The market for office space is booming in Downtown Manhattan, as new towers fill quickly and the district diversifies beyond… Read more