plaza district


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Pearlmark refis Tower 56 with $125M Blackstone loan

Pearlmark refis Tower 56 with $125M Blackstone loan

Pearlmark Real Estate Partners landed a $125 million loan from the Blackstone Group to refinance its boutique Tower 56...

Pearlmark refis Tower 56 with $125M Blackstone loan
WeWork is taking 7 floors at Jack Resnick’s 880 Third Avenue

WeWork is taking 7 floors at Jack Resnick’s 880 Third Avenue

WeWork is taking seven floors at 880 Third Avenue in the Plaza District. The co-working firm signed a 15-year...

WeWork is taking 7 floors at Jack Resnick’s 880 Third Avenue
25 Plaza District towers ask $100-plus psf in rent: report

25 Plaza District towers ask $100-plus psf in rent: report

The city’s 25 most expensive office towers all average asking rents of more than $100 per square foot, and...

25 Plaza District towers ask $100-plus psf in rent: report
GEMS school looks to lease entire office portion of Plaza District property

GEMS school looks to lease entire office portion of Plaza District property

GEMS Education, the world’s largest operator of K-12 schools, is in talks to net-lease the entire office component of...

GEMS school looks to lease entire office portion of Plaza District property
From left: Solomon Kumin and 900 Third Avenue

Former top exec at hedgie SAC takes office in Plaza District

An upstart hedge fund lead by a former top executive at the scandal-plagued SAC Capital Advisors has signed a...

Former top exec at hedgie SAC takes office in Plaza District
Plaza District office towers lure tenants with luxe amenities

Plaza District office towers lure tenants with luxe amenities

Boutique commercial towers in the tony Plaza District are reportedly attracting a slew of small financial outfits, despite high office...

Plaza District office towers lure tenants with luxe amenities
Aussie developer raising $500M for Park Avenue Tower buy

Aussie developer raising $500M for Park Avenue Tower buy

Australian development titan Grocon is on the prowl for $500 million to finance its acquisition of a 95 percent...

Aussie developer raising $500M for Park Avenue Tower buy
Hedge fund jumps ship to Boston Properties’ 510 Madison Ave.

Hedge fund jumps ship to Boston Properties’ 510 Madison Ave.

Fledgling hedge fund Prosiris Capital Management has signed an 11,500-square-foot lease at Boston Properties’ 510 Madison Avenue and will...

Hedge fund jumps ship to Boston Properties’ 510 Madison Ave.
From left: Sheldon Solow, 9 West 57th Street, the GM Building and Mort Zuckerman

Two Plaza District leases break boom-time price records

Two Recent Plaza District office leases have broken new price records, marking the most expensive office leases since the...

Two Plaza District leases break boom-time price records
Plaza District sees highest vacancy rate in years

Plaza District sees highest vacancy rate in years

The Plaza office market is struggling, as companies cut back or seek to lease offices in trendier neighborhoods downtown....

Plaza District sees highest vacancy rate in years
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