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The Real Deal New York
WeWork will renovate the UBS office in NJ
July 30, 2018 06:06PM
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...
Hersha and Cindat close $385M loan for Manhattan hotel portfolio
February 12, 2018 05:00PM
Hersha Hospitality Trust and Cindat Capital Management secured a $385 million loan from UBS and China Merchants Bank for its portfolio of seven hotels...
Westchester & Fairfield Cheat Sheet: Stamford’s largest empty office space sells for $33M, developers in Yonkers ordered to abide by union labor rules … & more
December 20, 2017 06:00PM
Former UBS site, Stamford’s largest vacant office complex, sold for $33M The 700,000-square-foot office complex that once housed UBS has sold for $33 million....
Metropole refinances 681 Fifth Avenue with $215M CMBS loan
November 17, 2016 03:50PM
Metropole Realty Advisors refinanced its office-and-retail building 681 Fifth Avenue with a $215 million CMBS loan from UBS and Citigroup. The new 10-year mortgage...
New York City not in danger of housing bubble: UBS
September 29, 2016 07:30AM
Vancouver and London topped a list of cities most at risk of a housing bubble, according to UBS Group’s Bubble Index, which charts the...
Spare a quarter? Manhattan office rents less than 50 cents off from 2008 peak
July 14, 2016 07:00AM
The average asking rent for Manhattan office space continued to climb during the second quarter to within pennies of the previous peak set back...
UBS renews, downsizes at Fisher Brothers’ 299 Park
March 04, 2016 01:30PM
UPDATED, 6:08 p.m., March 4: Zurich-based UBS AG is further reducing its space at 299 Park Avenue. The bank signed a 13-year lease extension at...
UBS looking to take as much as 900K sf in Midtown
October 27, 2015 09:15AM
UBS, one of the world’s largest banks, is seeking a massive Midtown space for its new New York headquarters. The Swiss bank is looking...
UBS real estate fund to take stake in Americas Tower
December 03, 2014 03:35PM
A real estate fund managed by UBS Global Asset Management is in contract to purchase a minority stake in Silverstein Properties and the CalSTRS...
Big banks sticking put, passing on new office towers
February 11, 2014 11:30AM
More marquee financial companies are choosing to stay in their current office locations rather than upgrading to Manhattan’s much-trumpeted new towers, according to the...
Fannie Mae sues big banks for alleged LIBOR misdeeds
November 01, 2013 03:56PM
Fannie Mae has filed suit against nine banks, including Bank of America and JPMorgan Chase, for working to suppress the London interbank offered rate,...
UBS to pay $885M to end Fannie, Freddie RMBS case
July 26, 2013 01:30PM
Swiss bank UBS will pay Fannie Mae and Freddie Mac $885 million to settle claims that it had misleadingly sold them defective residential mortgage-backed...
Capital One in talks to sublease massive 299 Park Avenue space from UBS
July 16, 2013 02:00PM
Capital One is in talks with UBS to take about 250,000 square feet of office space at the latter’s Park Avenue building, Bloomberg News...
UBS unloads nearly three-quarters of 299 Park space onto sublease market
May 06, 2013 01:30PM
As part of a consolidation effort, Swiss bank UBS has listed nearly three-quarters of its office space at 299 Park Avenue in Midtown for...
Hurricane Sandy pushes back pricing on $3B in CMBS bonds
October 29, 2012 04:30PM
Hurricane Sandy – soon to make landfall – has delayed the pricing of almost $3 billion of commercial mortgage-backed bonds set to hit the...
UBS opts to stay put at 1285 Sixth Avenue
October 25, 2012 12:30PM
UBS is in negotiations to renew its lease for a massive chunk of 1285 Sixth Avenue, representing one of the largest Manhattan leasing transactions...
Site offers peek inside Midtown’s new Quin Hotel
September 18, 2012 02:00PM
The Quin, Manhattan’s newest hotel at 101 West 57th Street, is gearing up to open this winter. The website for the 198-room hotel is...
Top five commercial sales of the month
September 10, 2012 06:15PM
The most expensive commercial transaction in New York City recorded last month was the purchase of the ground under the Sports Illustrated Building, at...
Office vacancies pile up along Sixth Avenue
June 13, 2012 10:00AM
Large companies seeking space along Sixth Avenue, the city’s first address for Fortune 500 companies, are awash with options, the New York Observer noted....
UBS markets $1.5B of junk CMBS despite demands for higher returns
May 07, 2012 05:30PM
As demand for distressed U.S. commercial assets crescendos, UBS is shopping a pool of failing commercial mortgages with a face value of $1.5 billion,...
Ralph Lauren inks 350K sf expansion at Starrett-Lehigh
NYC multifamily market crossed the $1B mark in September
Kinsmen Property Group picks up Bowery properties for $30M
Here’s what the $10M-$20M NYC investment sales market looked like last week
The Closing: Kelly Mack
November 2018 issue
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