New York
GFP Closes on $86M Refi of 515 Madison Ave. Offices
GFP Real Estate closed on an $86,500,000 loan from Apple Bank for the refinancing of 515 Madison Ave., a historic 42-story, 350,000-square-foot class A… Read more
Ariel Arranges Sale of Harlem Affordable Portfolio
Ariel Property Advisors arranged the sale of the Harlem River Point Portfolio, an affordable housing portfolio comprised of two elevator… Read more
PayPal Inks 261K-SF Lease in Hudson Square
Hudson Square Properties, a joint venture of Trinity Church NYC, Norges Bank Investment Management and Hines, said Tuesday that PayPal… Read more
GFI Arranges $38M Sale of Kips Bay Development Site
GFI Realty Services arranged the sale of a development site located at 563–571 Second Ave. and 247–251 E. 31st St. in… Read more
Vertex Acquires SoHo Boutique Mixed-Use
New York City‑based real estate investment platform Vertex has acquired 61–63 Crosby St., a boutique, mixed-use building located in SoHo. Terms were… Read more
GFP Partnership Launches Full Repositioning of 1540 Broadway
GFP Real Estate and BDT & MSD Partners have launched a full repositioning of 1540 Broadway in Midtown Manhattan. With design led by award-winning architecture… Read more
Vornado Acquires Plaza District Development Site
Vornado Realty Trust has acquired 3 E. 54th St., a demolition-ready office property situated on 18,400 square feet of land, for $141 million.… Read more
FiDi Development Site Goes for $53M
JLL Capital Markets arranged the $53-million sale of 75–83 Nassau St., a development site located in Downtown Manhattan’s Financial District.… Read more
Starr Leases 12 Floors at New BXP Tower in Midtown
Starr, a global investment and insurance organization has signed a 275,000-square-foot, 20-year lease at BXP’s 343 Madison Ave., a 930,000-square-foot… Read more
Convene Acquires NeueHouse Intellectual Property, Madison Square Location
Convene Hospitality Group (CHG) has completed the acquisition of NeueHouse under the terms of an Asset Purchase Agreement approved in bankruptcy court.… Read more
Rockpoint Acquires Minority Stake in SL Green’s 100 Park Ave.
SL Green Realty Corp. and Boston-based real estate private equity firm Rockpoint have formed a joint venture for the ownership… Read more
NYS Attorney General Expands, Extends Tenancy at 28 Liberty St.
The New York State Office of the Attorney General has expanded and extended its long-term presence at 28 Liberty St.,… Read more
Alexander’s Restructures $300M Loan on Retail Condo at 731 Lexington Ave.
Alexander’s, Inc. has restructured the $300-million mortgage loan on the retail condominium of 731 Lexington Ave. in Midtown Manhattan. Under the terms of the restructuring,… Read more
Moody’s Will Relocate Global Headquarters to Brookfield Place
Moody’s Corporation said Monday it will relocate its global headquarters to 200 Liberty St. at Brookfield Place in Lower Manhattan,… Read more
Slate, Breaking Ground Acquire Stewart Hotel; Will Become Affordable Complex
Slate Property Group and nonprofit Breaking Ground have completed the $255-million acquisition of the Stewart Hotel at 371 Seventh Ave., across from… Read more
Law Firm Benesch Expands Firm’s Chicago Office Footprint
Benesch Friedlander Coplan & Aronoff, a Cleveland-based law firm, is making a significant expansion of the firm’s Chicago office. The… Read more