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The Real Deal New York
L&L Holding Company
With big lease expansion, Citadel kills rumors it’s spooked by 425 Park delays
January 08, 2019 08:30AM
Citadel is expanding its foothold at L&L Holding Company’s 425 Park Avenue, after doubts were raised last year about the hedge fund’s commitment to...
Allianz looks to take 30% stake in massive Terminal Stores deal
December 06, 2018 05:00PM
L&L Holding Company and Normandy Real Estate Partners are about to get another partner on their massive Terminal Stores deal. Allianz Real Estate of...
Inside L&L, Normandy’s plan to turn Terminal Stores into a $1.8B property
October 24, 2018 02:30PM
L&L Holding Company and Normandy Real Estate Partners are proposing to turn the Terminal Stores warehouse in West Chelsea into a $1.8 billion property...
WeWork is taking a majority of this Chelsea office property
September 21, 2018 12:30PM
Just days after announcing its status as Manhattan’s largest office tenant, WeWork notched another new lease, signing on for 60,000 square feet at 511...
This pension fund is providing L&L with equity for its Terminal Stores buy
August 22, 2018 02:15PM
Part of the equity for Chelsea’s massive Terminal Stores deal will likely come from the California State Teachers’ Retirement System. The fund is expected...
Are billion-dollar listings the new normal
August 03, 2018 10:30AM
Google made New York history in March with its $2.4 billion purchase of the Chelsea Market building, the city’s second priciest sale of a...
SL Green is selling fee interest in 635 Madison. But not to iStar
July 02, 2018 12:41PM
Will Parker and Mark Maurer
UPDATED, July 2, 2:26 p.m.: L&L Holding Company is buying the fee interest on the 635 Madison Avenue office building in Midtown for $153...
TSX Broadway’s developers say completed project will be worth $4.2B
June 06, 2018 01:01PM
The massive Times Square hotel-and-retail redevelopment known as TSX Broadway is expected to be worth nearly $4.2 billion by 2023, according to a prospectus...
Is Citadel having second thoughts about moving to 425 Park?
June 01, 2018 07:30AM
Is hedge fund Citadel having second thoughts about its record office lease at L&L Holding Company’s 425 Park Avenue? The company has the right...
JPMorgan signs big lease at 390 Madison as its own HQ gets built
March 02, 2018 11:30AM
As expected, JPMorgan Chase has inked a big deal at L&L Holding Company’s 390 Madison Avenue to house thousands of employees while its own...
Omnicom Group extends 300K sf at L&L’s 195 Broadway
February 09, 2018 06:15PM
Big Four advertising conglomerate Omnicom Group is rearranging its offices at 195 Broadway in Lower Manhattan in a deal that frees up some of the building’s upper...
JPMorgan Chase in talks to take space at
390 Madison Avenue
January 19, 2018 05:45PM
The biggest tenant at 390 Madison Avenue might end up being the country’s biggest bank. JPMorgan Chase is in talks to lease almost 400,000...
Developers of Palace Theatre redevelopment seeking $1B-plus in financing
January 12, 2018 05:20PM
Mark Maurer and Rich Bockmann
UPDATED, Jan. 13, 1:45 p.m.: Maefield Development, Fortress Investment Group and L&L Holding Company are looking for a $1.3 billion construction loan for their...
Shiseido moving US HQ to L&L’s 390 Madison
December 12, 2017 01:40PM
Shiseido inked a 225,800-square-foot lease at L&L Holding’s 390 Madison Avenue. The Japanese cosmetics firm is paying a whopping $100 per square foot under...
L&L and pension fund are planning $4B spending spree
October 11, 2017 05:40PM
L&L Holding Company is teaming up with a large domestic pension fund to go on a $4 billion spending spree in New York City....
Columbia Property Trust buying stake in
July 06, 2017 04:15PM
Columbia Property Trust is set to close Thursday on the purchase of a 49 percent stake in the leasehold for Allianz SE and L&L...
BlackRock quietly shopping 600 Third
May 31, 2017 11:30AM
A partnership led by BlackRock is gauging buyer interest in its office building at 600 Third Avenue. BlackRock has a 95 percent stake in...
WATCH: NYC real estate’s week in numbers
May 12, 2017 03:20PM
A $173 per-square-foot concession, a 6-year prison sentence for a Department of Buildings bribe and a $1.25 billion construction loan. In real estate, it’s all...
Mastercard in talks with L&L to lease all of 150 Fifth Ave.: sources
May 08, 2017 01:30PM
Mastercard is negotiating with L&L Holding Company to lease its entire office building at 150 Fifth Avenue in the Flatiron District, a rare chance...
L&L, PGIM Real Estate asking $200M for Chelsea office buildings
April 26, 2017 01:20PM
L&L Holding Company and PGIM Real Estate are looking to sell three interconnected Chelsea office buildings, sources told The Real Deal. The firms have...
Here’s what the $20M-$30M NYC investment sales market looked like last week
LCRE Group lands $85M refi for FiDi hotel
A million StreetEasy accounts hacked
Industrious sells spare-office-space platform to CRE brokerage
BHS names Pablo Marvel as CMO
February 2019 issue
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