New YorkNov 19, 2024Maverick takes Croman’s Kips Bay rentals in foreclosure $43M judgment against four properties resolved after years
New YorkNov 7, 2024Alexandria takes issue with plans for Kips Bay life science campus Firm warned declines in demand could spell empty space
New YorkSep 10, 2024NYC refusing to build housing on Kips Bay siteCity sticks to life sciences and schools, hoping for $42B in economic impact
New YorkSep 29, 2023Alexandria plans third Kips Bay life science towerCampus eventually expected to span 1.3M sf
New YorkJun 26, 2023Developer Richard Ravitch dies at 89HRH boss helped city avoid bankruptcy, led MTA and served as lieutenant governor
New YorkApr 17, 2023Wong’s Verbena wants $170M+ for Manhattan rental209-unit Lanthian in Kips Bay packaged with assumable mortgage
New YorkAug 24, 2022Hold Croman in contempt over Kips Bay rentals: receiverAppointee says landlord “has laughed at the court order for 2 months”
New YorkJul 22, 2022Alexandria takes tenant bicoastal at Kips Bay life sciences centerEikon Therapeutics takes 25K sf after leasing 285K sf for California headquarters
New YorkAug 19, 2021Brooklyn North Capital, RiverBrook score $49M loan for Kips Bay condoThe 43-unit condominium has yet to launch sales, but is targeting $82M sellout
New YorkAug 17, 2021Battle of the baddies: Maverick tries to foreclose on Steve Croman buildingsAggressive debt-buyer alleges infamous landlord defaulted on $25M Kips Bay mortgage
New YorkFeb 10, 2020NYC’s 10 biggest new real estate projectsThe largest filed in January was for a massive office in Kips Bay
New YorkJan 25, 2019Queens developer moving ahead with 155-unit Kips Bay resi tower developmentAir rights, rezoning allow project to more than double in size
New YorkDec 5, 2018Brooklyn North Capital, RiverBrook land $46M loan for Kips Bay condo projectDevelopers plan 11-story development at 165-169 Lexington Avenue
New YorkNov 8, 2018Minrav lands $117M loan for planned Kips Bay resi towerIsraeli firm Bank Leumi is the lender
New YorkNov 6, 2017Extell sells East Side site to Chinese developer for $75MChina Overseas is behind Jersey City’s proposed tallest tower
New YorkDec 1, 2016Excel Development set to demolish four Kips Bay buildingsDeveloper's plans for the lots are not yet clear
New YorkOct 16, 2016From N.C. jail, a convicted diamond thief fights to save her NYC apartmentThe fate of her rent-stabilized Kips Bay home will now be decided in court
New YorkAug 23, 2016Blackstone to finance $620M Kips Bay Court buy with Fannie Mae loanExisting $200M mortgage part of “low-leverage” plan under core-plus fund
New YorkAug 17, 2016Blackstone nears deal to buy Kips Bay Court for $620M900-unit former Mitchell-Lama complex is now entirely market-rate
New YorkJun 29, 2016A look inside the offering of Kips Bay CourtA sales doc obtained by TRD details income, repositioning strategies for former affordable complex