New York
Rithm Capital Closes on Paramount Group Acquisition
Rithm Capital Corp. said Friday it had completed its previously announced $1.6-billion acquisition of Paramount Group, Inc., a vertically integrated… Read more
Durst Rebrands Two Towers with Grand Central East Designation
The Durst Organization has rebranded two commercial towers to capitalize on their location near Grand Central Terminal. The renaming of… Read more
Walker & Dunlop Arranges $163M Refi on Flatiron District Offices
Walker & Dunlop, Inc. arranged a $163,427,059 permanent loan to refinance 122 Fifth Ave., a 278,000-square-foot, Class A mixed-use office and… Read more
Bloomberg Extends Lease for Nearly 500K SF at 120 Park Ave.
Bloomberg L.P. has signed a 495,753-square-foot lease extension at Global Holdings’ 120 Park Ave., securing long-term occupancy across 20 of the… Read more
Kering Sells Majority Stake in Fifth Avenue Retail for US$690M
Gucci owner Kering has sold a 60% stake in 715-717 Fifth Ave. to private equity firm Ardian. With Ardian paying… Read more
AmTrust Acquires 260 Madison Ave. from The Sapir Organization
AmTrustRE completed its $211-million acquisition of 260 Madison Ave., a 22-story, 570,000-square-foot office building in Midtown Manhattan. AmTrustRE was self-represented… Read more
JLL Arranges First Mortgage for Self-Storage in “Undersupplied” East Village
JLL Capital Markets arranged a $47-million first mortgage loan for Storage Post East Village, a newly repositioned, Class A, climate-controlled,… Read more
607-Key Intercontinental New York Times Square Trades for $230M
A partnership between Gencom, Argent Ventures and Highgate has completed the acquisition of The InterContinental New York Times Square, a 607-key luxury hotel in… Read more
Greystone Arranges HUD-Insured Loan for East Harlem Apartments
Greystone has provided a $97,600,000 HUD-insured loan to refinance Villa Hermosa Apartments, a 272-unit multifamily property in East Harlem. The… Read more
Lever House Reaches 100% Occupancy Following Renovations
Brookfield Properties and Waterman Interests, LLC said Wednesday that Lever House at 390 Park Ave. is now fully leased, following… Read more
Resnick Signs Fintech and Legal Tenants to Relocations at One Seaport Plaza
Jack Resnick & Sons has secured two new relocation agreements totaling 92,038 square feet at One Seaport Plaza, its 35-story office tower located at… Read more
Wealth Management Firm Expands at Global Holdings’ 99 Park Ave.
Global Holdings said Tuesday that wealth management and financial advisory firm Cerity Partners LLC has signed a new long-term lease at 99… Read more
GFP Selected for Residential Conversion of City-Owned 100 Gold St.
The Adams administration has selected GFP Real Estate to redevelop 100 Gold St., a city-owned office building in Lower Manhattan,… Read more
Stonepeak Launches Cold Chain Logistics Platform for Asia Pacific
New York-based Stonepeak, an alternative investment firm specializing in infrastructure and real assets, has launched Peregrine Cold Logistics, a cold… Read more
SL Green Buys Out JV Partners in 800 Third Ave.
SL Green Realty Corp. has closed on the acquisition of its joint venture partners’ combined 39.48% interest in 800 Third… Read more
2 Grand Central Trades to Sovereign Partners for $273M
Eastdil Secured represented Rockwood Capital in the sale of 2 Grand Central Tower, a 667,000-square-foot office property at 140 E.… Read more