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...
plaza district
The Latest
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...
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...
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...
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...
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...
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...
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...
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...
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....