New YorkFeb 10, 2025Ivanhoé Cambridge lands $1.1B refi at Midtown office tower The loan at 3 Bryant Park was first of almost $5B coming due for investor
New YorkJan 17, 2025Oaktree inks 79K sf lease at Vornado’s 1290 Sixth AvenueDeal leaves just 120k sf at Midtown tower
New YorkJan 8, 2025Housing discrimination is fine in NYC — if it gets you re-electedWhy do politicians protect ex-cons, while leaving ordinary co-op applicants out to dry?
New YorkDec 31, 2024“Languishing” 460 Park Ave getting $200M makeoverKorean owner, seeking high-paying office tenants, applies for M-CORE
New YorkDec 5, 2024Cayre Equities buys Garment District office building, eyeing self-storage conversionFirm bought 254 West 35th Street from the Tekiners, mired in an ugly family feud
New YorkDec 4, 2024Tighe sees desperate need for new offices (really) CBRE powerbroker also reveals secrets on Durst, SL Green deals
New YorkNov 26, 2024Apple takes another bite of Penn DistrictSigns lease for Macy’s space to add 61K sf at Vornado’s Penn 11
New YorkNov 21, 2024SL Green deal values One Vanderbilt at $4.7BREIT sells 11% stake to Japan’s Mori Building Company
New YorkNov 20, 2024Extell plans 37-story Madison Avenue towerGary Barnett will demolish office building to erect 193K sf of residential
New YorkNov 15, 2024Billionaires’ Row co-op up against wall as Schron, Werner win rulingExpiring ground lease at Carnegie House to trigger massive rent increase
New YorkNov 14, 2024Elo Organization buying Class B building in Midtown West“You don't need a reason to buy a property in the Midtown area”
New YorkOct 24, 2024Famed midtown Friar’s Club heads to foreclosure sale NYC spot for celebrity roasts has faced years of financial troubles
New YorkAug 5, 2024Blackstone, CBRE among top NYC office lease deals last monthWillkie Farr & Gallagher led the list, signing for 315K in Midtown West
New YorkJul 22, 2024Fifth Avenue office tower owned by Mexican banking scion heads to special servicingThe loan went into special servicing for “imminent maturity default,” according to Trepp
New YorkJun 6, 2024Le Penthouse goes into Le BankruptcyYitzchak Tessler shields 172 Madison from foreclosure at 11th hour
New YorkMar 29, 2024AEW Capital seeks $350M for Grand Central dev site250 Park Ave could be turned into 1M sf office tower
New YorkMar 28, 2024Vornado scores MLS lease at Penn 2Major League Soccer taking 126K sf, sources say
New YorkMar 18, 2024Blackstone refis Park Avenue Tower with $309M in CMBS debt, down 27 percent from 2019Owner has boosted tenancy at Midtown office, in part by offering lease opt-outs
New YorkJan 15, 2024Stalled Garment District condo conversion in bankruptcyChen Foundation at impasse with lender as project debt hits $70M
New YorkDec 27, 2023Boro Park investor sues Elie Schwartz over Midtown East foreclosureNightingale “may have diverted monies” for other purposes