Related and Highbridge to form $800M real estate debt venture, ex tabloid exec buys at 870 Fifth … and more

June 27, 2013 08:00AM

1. Related teams up with investment firm Highbridge to form $800 million real estate debt venture [Law360]
2. Former exec at disgraced News of the World buys $2 million co-op at 870 Fifth Avenue [NYO]
3. Quartet of Bronx buildings to get $28.6 million renovation [Crain’s]
4. Inside the sale of 251 Park Avenue South, site of a battle between Extell and the Ring family [NYO]
5. Disgraced former prez begins moving out of National Arts Club [DNAinfo]
6. Leasing begins at rental tower the Larstrand on the Upper West Side [Curbed]
7. Meatpacking site at 245 West 14th Street will be called Village Green West [BuzzBuzzHome]
8. Manhattan, Bronx borough presidents give thumbs down to LG building in New Jersey [GlobeSt]
9. State nixes Shabbat-friendly elevators at Upper West Side building [DNAinfo]
10. Oldest house in Queens will get $3.2 million soup-up [NYDN]
11. First National Bank of New York wins bidding war at Zar Group’s 1450 Broadway [NYO]
12. Drama League Theater Center takes 4,000 square feet at Rudin family’s 32 Avenue of the Americas in Tribeca [NYO]