New York
Moody’s Sees Limited Impact of Five-Year Cap on NYC Apartment Rents
Just 6% of the 481 CMBS single-property multifamily loans in New York City would see credit metrics deteriorate to the… Read more
Arrow Lines Up Acquisition Financing for 7-Property Mixed-Use Portfolio
Arrow Real Estate Advisors arranged a $69.7-million acquisition bridge loan on behalf of TARGO Capital Partners for a seven-property, mixed-use… Read more
BHI Provides Condo Inventory Loan for Ground-Up Luxury Project
BHI, the U.S branch of Bank Hapoalim, B.M., provided a $200-million condo inventory loan to Malabar Residences, a newly constructed… Read more
Slate Property Group Closes on $86M Refi for LIC Apartments
Slate Property Group has closed on an $86.25-million refinancing for Dutch House, a 186-unit multifamily property located at 37-05 30th St. in Long Island City.… Read more
Simpson Thacher Leases More Than 900K SF at New Extell Tower
Law firm Simpson Thacher & Bartlett has committed to 916,000 square feet at Extell Development’s new 570 Fifth Ave. tower… Read more
Brooklyn Defender Services Consolidates Operations into Tishman Speyer Development
Tishman Speyer reached an agreement with Brooklyn Defender Services (BDS) to establish its headquarters within The Wheeler, its 10-story development located at… Read more
Construction Launches at $147M Adaptive Reuse Project in Poughkeepsie
Construction has begun at Wallace Campus, a $147-million, 187-unit mixed-use affordable housing development in the city of Poughkeepsie, Dutchess County. The… Read more
Barry Diller-Led Group Offers $18B for MGM Resorts
Barry Diller’s People Inc., formerly known as IAC, has proposed acquiring MGM Resorts International in an all-cash transaction valued at… Read more
ESRT Offloads 250 W. 57th St. for $275M
Empire State Realty Trust, Inc. (ESRT) said Tuesday it had completed the disposition of 250 W. 57th St., a 540,000-square-foot office… Read more
George Comfort & Sons Launches Capital Improvements for 44 Wall Street
George Comfort & Sons, in partnership with Gaedeke Group, announced a capital improvement program for 44 Wall St., a boutique office tower in… Read more
S3 Capital Provides $132M Loan for Washington Heights Student Housing
S3 Capital has originated a $131.5-million refinance and construction loan to fund the development of a 28-story purpose-built student housing tower… Read more
Alexander’s Closes Rego Park I Sale to Northwell Health
Alexander’s, Inc. has completed its previously announced sale of its Rego Park I property in Queens to Northwell Health, Inc.… Read more
SL Green Selling Midtown Offices to Meadow Partners
SL Green Realty Corp. said Monday it sold 10 E. 53rd St. in Midtown Manhattan for total consideration of $312.2… Read more
Koeppel Rosen Negotiates Five Leases in Midtown South
Koeppel Rosen LLC, leasing and management agent for the Rosen family portfolio, secured five new office leases totaling 15,474 square… Read more
Ariel Arranges Condo Construction Loans in Brooklyn, Queens
The Capital Services Group of Ariel Property Advisors recently closed three loans from private lenders totaling more than $17 million to… Read more
Tuxedo Reserve Raises Roof on Destination Food Market’s Anchor
Related Companies and Lennar have reached a milestone with the raising of the Barn. Anticipated to open Fall 2026, the… Read more
Related, Oxford Score $1.4B Refi for 10 Hudson Yards
10 Hudson Yards, the Far West Side office tower home to L’Oreal USA, has secured a roughly $1.4-billion refinancing, Bloomberg News reported. A group of lenders led… Read more
Law Firm Taft Will Occupy Full Floor in Durst Midtown Tower
The Durst Organization said Thursday that national law firm Taft signed a lease at 1155 Ave. of the Americas for the entire… Read more
