RFR seeks extension on 285 Madison loan
A loan at a Midtown office building is headed to special servicing as Aby Rosen’s RFR Realty seeks an extension on its maturity date. The $235 million CMBS loan for 285 Madison Avenue was...
midtown manhattan
The Latest
Banks, tech among departures sinking Midtown office market
Midtown Manhattan’s struggles in the wake of the pandemic have reached a new low, with banks and big tech...
George Comfort & Sons inks 62K sf tenant in Midtown
George Comfort & Sons has got the goods at its newly renovated office building in the Theater District, signing...
NY Public Library leases 41k sf for Midtown offices
The New York Public Library isn’t taking a page from the rest of Manhattan’s beleaguered office market, instead signing...
Times Square Sheraton loss $33M worse than reported
The seller of one of New York City’s largest hotels suffered an even greater loss on the deal than...
The sin I live in: Times Square looks to Las Vegas for inspiration
As Times Square plots its post-pandemic future, the tourism and entertainment hub is taking a page out of Sin...
Billion-dollar refi reveals what tenants pay at 601 Lex
Beneath a $1 billion loan at a landmarked Midtown office building that rests on stilts, a major office tenant...
Despite market woes, NYC’s office condos look to seize their moment
It’s been a grim couple of months for New York City’s office market. Occupancy rates have been slow to...
Issue
Nightmare at 20 Times Square: Inside the calamity at Maefield’s megaproject
It will go down as one of the biggest boondoggles in New York real estate history. French bank Natixis...
Insights
What Peloton, Lyft and other tenants pay at Hudson Commons
The following is a preview of one of the hundreds of data sets that will be available on TRD...