Sabey lands $250M refi for 375 Pearl Street

From left: Sabey Corporation CEO John Sabey, National Real Estate Advisors CEO Jeffrey Kanne and 375 Pearl Street (Sabey, National Real Estate Advisors, Tdorante10/Wikimedia)
From left: Sabey Corporation CEO John Sabey, National Real Estate Advisors CEO Jeffrey Kanne and 375 Pearl Street (Sabey, National Real Estate Advisors, Tdorante10/Wikimedia)
Sabey lands $250M refi for 375 Pearl Street

What tenants pay at Vornado and Trump’s 555 California Street

555 California Street with Steve Roth and Donald Trump (VNO, Getty/Patrick McMullan, Getty)
What tenants pay at Vornado and Trump’s 555 California Street

These projects just beat the rezoning deadline

Gotham Organization Chairman Joel Picket with the proposed development at 130 Felix Street. (Getty, 130 Felix)
These projects just beat the rezoning deadline

Alchemy-ABR closes on stalled deal for Billionaires’ Row office building

Calvary Baptist Church and the Salisbury Hotel at 123-141 West 57th Street with Alchemy principal Ken Horn (right) and Cain senior managing director Eric Poretsky (Google Maps, Alchemy, Cain)
Alchemy-ABR closes on stalled deal for Billionaires’ Row office building

NY flooded with nearly 100K rent relief applications in two weeks

Gov. Andrew Cuomo (Getty/Illustration by Kevin Rebong)
NY flooded with nearly 100K rent relief applications in two weeks

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WeWork CEO Sandeep Mathrani (WeWork, iStock)
National

WeWork reports membership growth, best sales since 2019

As businesses seek greater flexibility in a post-pandemic world, WeWork’s offerings could be regaining popularity. Following a tumultuous 2020...

WeWork reports membership growth, best sales since 2019
From left: Sabey Corporation CEO John Sabey, National Real Estate Advisors CEO Jeffrey Kanne and 375 Pearl Street (Sabey, National Real Estate Advisors, Tdorante10/Wikimedia)

Sabey lands $250M refi for 375 Pearl Street

Sabey Corporation and National Real Estate Advisors secured a $250 million refinancing deal for the former Verizon office tower at 375 Pearl Street. Lenders Wells Fargo and JPMorgan provided a $220 million, 10-year, fixed-rate...

Sabey lands $250M refi for 375 Pearl Street
Who you gonna call?
Sponsored

Who you gonna call?

When there’s something strange in your neighborhood, or if there’s something weird and it don’t look good, who you gonna call? For New York City’s largest developers, the answer isn’t the Ghost Busters, it’s...

Who you gonna call?

Inside The National issue

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Millions of homeowners remain vulnerable as forbearance winds down
Millions of homeowners remain vulnerable as forbearance winds down
Millions of homeowners remain vulnerable as forbearance winds down
Related Group’s condo kings expand their realm
Related Group’s condo kings expand their realm
Related Group’s condo kings expand their realm
The grand reopening: As restrictions lift, CRE markets race toward recovery
The grand reopening: As restrictions lift, CRE markets race toward recovery
The grand reopening: As restrictions lift, CRE markets race toward recovery
Meet the 20-somethings funneling their crypto millions into real estate
Meet the 20-somethings funneling their crypto millions into real estate
Meet the 20-somethings funneling their crypto millions into real estate
Why passive house could become NYC’s next design standard
Why passive house could become NYC’s next design standard
Why passive house could become NYC’s next design standard
The Closing: Janice Mac Avoy
The Closing: Janice Mac Avoy
The Closing: Janice Mac Avoy
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Gotham Organization Chairman Joel Picket with the proposed development at 130 Felix Street. (Getty, 130 Felix)

These projects just beat the rezoning deadline

Some very large new development projects will hear a “yay” or “nay” from City Council members shortly before term...

These projects just beat the rezoning deadline
John Kilroy and the Indeed Tower (Getty, Page Southerland Page)
National Weekend Edition

Kilroy Realty buying Indeed Tower in Austin for $580M

Kilroy Realty’s first buy in Austin is a big one. The firm is in contract to pay $580 million...

Kilroy Realty buying Indeed Tower in Austin for $580M
Soho CEO Zhang Xin and Blackstone CEO Stephen Schwarzman (Wikimedia, Getty)
National Weekend Edition

Blackstone bids to buy office developer Soho China for $3B

Blackstone Group has made an offer to buyout Beijing-based developer Soho China Ltd. for $3.05 billion. If the deal...

Blackstone bids to buy office developer Soho China for $3B
Sweden is one of the countries most at risk (Getty)
National Weekend Edition

Here are the countries most at risk of a housing bubble

The pandemic slammed the brakes on housing markets worldwide…but only for a moment. Sales rebounded across the globe, and...

Here are the countries most at risk of a housing bubble
Robert Redford and the Utah ranch (Photos via Getty, UTAH REAL ESTATE / Windermere Real Estate-Utah / Jaisa Bishop)
National Weekend Edition

One of Robert Redford’s Utah ranches hits market

Robert Redford is selling the 30-acre Utah ranch he named after his film “The Horse Whisperer.” The actor and...

One of Robert Redford’s Utah ranches hits market
Jordan Slone of Harbor Group and The Henry at 1 Crystal Hill Drive (Harbor Group)
Tri-State

Harbor Group pays $54M for Rockland County apartment complex

Harbor Group International paid $54 million for an apartment complex in Rockland County, amid the continued strong suburban housing...

Harbor Group pays $54M for Rockland County apartment complex

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