Yardeni’s Stonehenge pays $115M for Upper East Side rental
An Upper East Side apartment tower has a buyer, but no answers about its future affordability status. The real...
ubs
The Latest
UBS seeks $125M for UES apartment tower
An Upper East Side apartment tower nearing the end of its affordability agreement is for sale, providing potential buyers with a proposition: extend its lucrative tax break in exchange for deeper affordability, or let...
CalSTRS deal values 1177 Sixth Ave at $860M
The part-owner of a 1-million-square-foot Midtown skyscraper has sold its stake at a price that may calm investors anxious over the pandemic’s impact on office prices. UBS Realty Investors sold its roughly 50-percent stake...
Former Andy Warhol nightclub sold to UBS for $35M
UBS Realty Investors has purchased the former home of Andy Warhol’s Electric Circus nightclub in the East Village for...
WeWork will renovate the UBS office in NJ
WeWork has scored its biggest design deal yet. The company’s Powered by We division will spearhead the renovation of the UBS office in Weehawken. WeWork launched the venture last year to offer expertise on real estate,...
Hersha and Cindat close $385M loan for Manhattan hotel portfolio
Hersha Hospitality Trust and Cindat Capital Management secured a $385 million loan from UBS and China Merchants Bank for...
Westchester & Fairfield Cheat Sheet: Stamford’s largest empty office space sells for $33M, developers in Yonkers ordered to abide by union labor rules … & more
New York City not in danger of housing bubble: UBS
Vancouver and London topped a list of cities most at risk of a housing bubble, according to UBS Group’s...
Spare a quarter? Manhattan office rents less than 50 cents off from 2008 peak
The average asking rent for Manhattan office space continued to climb during the second quarter to within pennies of...
UBS renews, downsizes at Fisher Brothers’ 299 Park
UPDATED, 6:08 p.m., March 4: Zurich-based UBS AG is further reducing its space at 299 Park Avenue. The bank signed...