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Richard Born, Ira Drukier and Watson Hotel at 440 West 57th Street (Born by Studio Scrivo, Drukier by Patrick McMullan/Getty)

BD Hotels defaults on Watson Hotel mortgage

The cracks are starting to show in New York City’s hotel market. Richard Born and Ira Drukier’s BD Hotels — the largest boutique hotel company in the city — has stopped making payments on...

BD Hotels defaults on Watson Hotel mortgage
Clockwise from left: a rendering of the Greenpoint at 21 and 23 India Street in Greenpoint, a rendering of the Tangram project at 133-27 39th Avenue in Flushing, and 564 St. John’s Place in Crown Heights (Credit: StreetEasy)

These were the top 10 outer borough loans last month

Major projects in Greenpoint and Flushing topped the list of the largest outer borough loans for July. The Greenpoint,...

These were the top 10 outer borough loans last month
Zeckendorf lands $175M refi for 520 Park

Zeckendorf lands $175M refi for 520 Park

Zeckendorf Development has landed a $175 million refinancing package from HSBC for its luxury condominium project at 520 Park Avenue, according to property records. HSBC assumed the existing $175 million of loans on the...

Zeckendorf lands $175M refi for 520 Park
Eyal Ofer lands $140M refi for 410 Park

Eyal Ofer lands $140M refi for 410 Park

Eyal Ofer’s Global Holdings refinanced 410 Park Avenue with a $140 million mortgage from HSBC, property records show. The new loan replaces a $125 million mortgage from the same lender that was issued in...

Eyal Ofer lands $140M refi for 410 Park
Deutsche, HSBC to lead $800M 28 Liberty refi

Deutsche, HSBC to lead $800M 28 Liberty refi

Deutsche Bank and HSBC have term sheets out to refinance Fosun International’s 2.1 million-square-foot 28 Liberty office tower in...

Deutsche, HSBC to lead $800M 28 Liberty refi
HSBC renews 548K sf lease at 452 Fifth

HSBC renews 548K sf lease at 452 Fifth

Financial services giant HSBC Bank is staying put at its U.S. headquarters at 452 Fifth Avenue, after several years of exploring its options elsewhere, The Real Deal has learned. The London-based bank has inked...

HSBC renews 548K sf lease at 452 Fifth

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