Fortress to be acquired for $3.3B by Japanese telecom giant
Fortress Investment Group — the $70 billion investment manager that’s an active lender in New York real estate —...
cwcaptial asset management
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Ex-Stuy Town manager to serve as consultant on Blackstone’s Kips Bay Court
Andrew MacArthur, a former executive at CWCapital Asset Management who led the $5.3 billion sale of Stuyvesant Town-Peter Cooper...
Stuy Town investors continue legal battle
The city’s largest single-asset real estate transaction in nearly a decade may be a done deal, but behind the scenes the battle wages on for some $500 million in proceeds from the sale of...
Stuy Town sale will mean big payday for CWCapital
Stuyvesant Town special servicer CWCapital Asset Management stands to make more than half a billion from the property’s sale...
Fortress faces big hurdles in Stuy Town bid
Private equity firm Fortress Investment Group, which owns special servicer CWCapital Asset Management, may face several obstacles in its pursuit of massive Manhattan apartment complex Stuyvesant Town-Peter Cooper Village.
Stuy Town residents win rent break over post-Sandy services
A rent reduction application filed by more than 1,500 Stuyvesant Town-Peter Cooper Village residents impacted by Superstorm Sandy is...
Stuy Town owners reach deal to halt mid-lease rent hikes
Some 2,000 tenants of Stuyvesant Town-Peter Cooper Village will be spared mid-lease rent hikes as part of an agreement...
The W’s long road
After four tough years, Moinian’s luxe downtown hotel-condo has first closing Jacqueline Bayer, a senior managing director with the Moinian Group, and the W New York-Downtown Hotel It’s been a long haul for the...
The W’s long road
Jacqueline Bayer, a senior managing director with the Moinian Group, and the W New York-Downtown Hotel It’s been a long haul for the Moinian Group to deliver the W Hotel and Residences Downtown, and...