New York
HFF Secures Refi on Garment District Offices
HFF and Hidrock Properties have closed on a $32-million refinancing for 35 W. 36th St., a 12-story, 77,880-square-foot loft-style office building… Read more
SL Green Secures $455M from Wells Fargo for NY Tower Development
New York-based SL Green Realty Corp. secured $455 million in debt financing for the continued development of One Vanderbilt, a… Read more
Lee NYC Arranges Sale of Garage for Redevelopment to Self-Storage
A Lee & Associates NYC team of Sidney Rosenthal, Steve Lorenzo, Mitchell Salmon and Christopher Ventura has arranged the $32.2-million… Read more
Meridian Team Brings Upscale Watering Hole to Upper East Side
Meridian Retail Leasing, the retail leasing division of Meridian Capital Group, has arranged a long-term lease for a high-end cocktail… Read more
H.I.G. Relocates from Fifth Ave. to 1271 Sixth
H.I.G. Capital has leased 57,829 square feet at Rockefeller Group’s 1271 Ave. of the Americas, and will relocate from 600… Read more
W. P. Carey Completes $188M in Investments
New York-based W. P. Carey Inc. completed five investments across multiple state totaling roughly $188 million. The investments comprise mission-critical… Read more
New Deputy Mayor Intends to “Take It Up a Notch” on Affordability
Mayor Bill de Blasio named Vicki Been as Deputy Mayor for Housing and Economic Development, succeeding Alicia Glen. Her new… Read more
JLL Arranges 94k SF of Subleases at 1 WTC
JLL has completed two new subleases totaling 94,179 square feet on behalf of Condé Nast at One World Trade Center.… Read more
BMO Fills Former Condé Nast Space in Times Square Relocation
The Durst Organization has filled the last remaining 151 W. 42nd St. vacancy left by Condé Nast’s departure, as part… Read more
BXP Reportedly Puts 540 Madison on the Block
Boston Properties (BXP) has put 540 Madison Ave. on the market, according to Crain’s New York Business. The REIT reportedly… Read more
Mission Capital Provides Bridge Debt on First-of-Its-Kind Ace Hotel
Mission Capital Advisors has arranged $80 million of bridge financing for the recently-completed Sister City hotel, a 200-key hospitality property… Read more
Related, WarnerMedia in $2B Sale-Leaseback at Hudson Yards
AT&T Inc.’s WarnerMedia unit has agreed to a sale-leaseback of its 1.5-million-square-foot space at 30 Hudson Yards, Bloomberg News reported.… Read more
iCapital Doubles Space at One Grand Central Place
Financial technology platform iCapital Network has doubled its footprint at Empire State Realty Trust’s (ESRT) One Grand Central Place to… Read more
Berkadia Adds Trio of Directors to Mortgage Banking Team
New York-based Berkadia added three new members to its mortgage banking team: Managing Directors Carolyn Whatley and Laura Beaton, as… Read more
Lawmakers Want Cashless Stores to Cash Out
Amazon may do lots of business in New Jersey, but it isn’t likely that the e-commerce giant will open an… Read more
CXP, Normandy Will Reposition 250 Church for Tribeca Office Market
Columbia Property Trust (CXP) and Normandy Real Estate Partners LLC have agreed to purchase 250 Church St., a 235,000-square-foot, 16-story… Read more
Hilfiger’s Fifth Ave. Flagship Will Go Dark
Another Fifth Avenue retail flagship will go dark, as Tommy Hilfiger announced it would shutter the 22,000-square-foot 681 Fifth Ave.… Read more
Downtown’s Home to 1,000+ Healthcare and Nonprofit Tenants
Although Lower Manhattan is home to the city’s Financial District, it could also be called the Health and Nonprofit District.… Read more
Duo Will Spearhead CBRE’s New Loan Underwriting Platform
Albert Picallo and Masato Inagaki will join CBRE Loan Services in New York to spearhead its newly-formed third-party commercial loan underwriting and… Read more