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The Real Deal New York
Durst Organization refinances Harlem project with $95M loan
August 24, 2018 05:00PM
The Durst Organization is refinancing its Harlem project along Park Avenue courtesy of a $95 million loan from M&T Bank. The Buffalo-based bank had...
Vanbarton lands $61M loan for Albano Building buy
May 24, 2018 02:00PM
The Vanbarton Group landed a $61 million loan from M&T Bank to fund the acquisition of the Albano Building at 305 East 46th Street....
Three banks buy $175M in state bonds for Domino Sugar site project
April 13, 2018 09:00AM
A trio of banks has picked up $175 million in taxable bonds from the state for Two Trees Management’s mixed-use project at the former...
Catsimatidis lands $50M loan for Brooklyn resi building
March 01, 2018 06:30PM
John Catsimatidis’ Red Apple Group has landed a $49.5 million loan for a recently purchased Brooklyn apartment building at 670 Pacific Street, property records...
Essex Crossing developers sew up $200M in construction financing
January 03, 2018 02:50PM
The developers behind the $1.5 billion Essex Crossing megaproject on the Lower East Side have secured $200 million in financing for one of nine...
M&T Bank’s CEO Bob Wilmers dies at 83
December 18, 2017 09:30AM
Bob Wilmers, who took M&T Bank from a struggling lender in Buffalo to a regional powerhouse with $120 billion in assets, died Saturday night....
M&T provides $217M to refi Empire Stores
December 06, 2017 09:45AM
Midtown Equities — and its partners Rockwood Capital and HK Organization — scored a $217 million loan to refinance its Empire Stores in Dumbo....
BK nursing home gets $80M construction loan for renovation
November 06, 2017 05:50PM
Centers Health Care just scored an $80 million construction loan for its conversion of an abandoned Crown Heights hospital into a nursing home. M&T...
Two Trees secures $135M refi for 20 Jay Street in Dumbo
September 20, 2016 04:50PM
Two Trees Management secured a $135 million loan from M&T Bank to refinance its Dumbo office property at 20 Jay Street.
Here’s what Brooklyn’s multifamily players fear most
June 01, 2016 05:30PM
The Brooklyn real estate market has several bogeymen, and on Wednesday, some of the borough’s leading multifamily investors and lenders discussed the ones that...
Tribeca Associates secures $96M loan for 30 Broad deal
April 08, 2016 11:10AM
Tribeca Associates is financing its acquisition of the 47-story office tower at 30 Broad Street with a $96.2 million loan from M&T Bank, according...
Flank, Carlyle Group secure $175M loan for the Boerum
July 01, 2015 04:30PM
Developers Flank and the Carlyle Group secured a $175 million construction loan to fund The Boerum condominium project at 265 State Street in Brooklyn, according...
Feds to investigate Hudson City for alleged discriminatory lending
April 16, 2015 12:05PM
Federal authorities have launched an investigation into Hudson City Bancorp for alleged discriminatory lending practices. The Justice Department and Consumer Financial Protection Bureau are investigation whether...
Rudin locks in $525M construction financing for St. Vincent’s
September 15, 2011 09:57AM
William Rudin and the St. Vincent’s Hospital siteThe Rudin family’s $800 million redevelopment of the St. Vincent’s Hospital site is one step closer to...
Hirschfeld refinances UES building that is home to Sports Club/LA
July 26, 2011 03:42PM
Hirschfeld Properties CEO Elie Hirschfeld and 330 East 61st Street (building credit: PropertyShark) Manhattan property owner Hirschfeld Properties has several deals in the works,...
Office conversion plans dropped as former Verizon tower changes hands for $120M
June 08, 2011 02:01PM
Seattle-based Sabey Data Center Properties has purchased a controlling interest in the former Verizon Tower at 375 Pearl Street for $120 million, according to...
YoungWoo, Sabey in tenantive deal for former Verizon tower
February 02, 2011 09:58AM
M&T Bank has reached a tentative agreement to sell the former Verizon tower at 375 Pearl Street to a joint venture of YoungWoo &...
Construction financing returning to the market
April 20, 2010 12:51PM
It may be hard to believe, but lenders are now actually sending letters of intent to provide construction financing. Construction financing, perhaps the riskiest...
Nadler comes down on TARP at hearing
May 28, 2009 02:46PM
Rep. Carolyn Maloney and Rep. Jerrold Nadler attended the congressional hearing today New York City Rep. Jerrold Nadler criticized the federal Troubled Asset Relief...
Bridge Investment targets $500M in Opportunity Zone possibilities
Developers bristle over Chicago’s new affordable housing rules
Riverside Church buys Union Theological Seminary dorm for $47M
Diane von Furstenberg’s prince son buys
432 Park Avenue pad
GreenOak shoots for $90M sellout at UWS condo conversion
October 2018 issue
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