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Politics
Two Bridges development project halted
August 6, 2019A state justice in Manhattan ruled that the Two Bridges development project on the Lower East Side could...
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PropTech
JPMorgan & Goldman Sachs to lead WeWork’s IPO
August 5, 2019WeWork is close to naming JPMorgan and Goldman Sachs to lead its initial public offering next month. The fee...
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Acquisitions
Real Estate Roundup 8.5.19
August 5, 2019Sabet Group has acquired 457 Broome Street in Soho for $21.3 million. The property spans 25,000 SF, and...
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Financing
Durst & BoA secure $1.6 billion to refi One Bryant Park
August 4, 2019Durst Organization + Bank of America (BoA) have secured a $1.6 billion refinancing for One Bryant Park...
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Financing
Marx Realty refinances 10 Grand Central
August 4, 2019Marx Realty has secured an $140 million loan from MetLife to refinance its 35-story office tower at 10 Grand...
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Politics
Interest Rates cut a quarter point
August 4, 2019The Federal Reserve cut interest rates by a quarter point earlier this week for the first time in...
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PropTech
Latch raises $56 million at a $400 million valuation
August 3, 2019Digital lock startup Latch has raised $56 million in a new funding round led by Avenir Growth Capital, valuing...
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Acquisitions
Real Estate Roundup 8.2.19
August 2, 2019Financing The Torkian Group has secured a $43 million mortgage from AIG to refinance 311 West 50th...
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Acquisitions
L+M & Invesco pay $1.2 billion for 2,800 unit Putnam portfolio
July 31, 2019L+M Development Partners and Invesco Real Estate have agreed pay $1.2 billion for the 2,800-unit portion of...
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Acquisitions
John Gerber acquires Red Hook industrial site
September 12, 2019John Gerber’s W-G Capital Advisors has acquired a warehouse at 145-165 Wolcott Street in Red Hook from Gregory Iovine for...
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Acquisitions
Real Estate Roundup 9.11.19
September 12, 2019Real Estate Roundup New to the market Blackstone is looking to sell its office tower at 65...
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Acquisitions
Meyer Orbach takes a hit at 50 Manhattan Avenue
September 12, 2019Leon Agami has acquired 50 Manhattan Avenue in Manhattan Valley from Meyer Orbach for $15.7 million, according to public...
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Financing
Manocherian Brothers land $65 million Refi at 400 East 71st Street
September 12, 2019The Manocherian Brothers have secured a $65 million loan from Bank of New York Mellon to refinance 400 East 71st...
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