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Commercial Observer The $315 million loan against the 760,000-square-foot office building at 340 Madison Ave in midtown Manhattan has defaulted and now faces a potential foreclosure The 22-story property, between 43rd and 44th streets, is owned by...
ConnectCRE Fetner Properties has completed construction of the 171-unit apartment property at 266 West 96th St in the Upper West Side of Manhattan Monthly rents start at $3,400 for a studio unit The property includes a lounge, work pods, media and...
BisNow First Citizens Bank and Berkshire Bank have provided $748 million of financing for the development of a 210,000-square-foot industrial property at 75 Jackson Road in Devens, Mass The property is being developed by King Street Properties of...
ConnectCRE RedGate has completed work on Gibson Point, a 291-unit apartment property in Revere, Mass The property, at 1 Gibson Way, includes a fitness center, sauna and cold-plunge pools RedGate of Boston will begin pre-leasing on June 1, with...
Crain’s New York Business Joel Schwartz has filed plans with the Department of City Planning to construct a 117-unit apartment property at 236 Gold St in downtown Brooklyn, NY The local developer acquired the development site in 2022 for $37...
BisNow Procaccianti Cos plans to demolish the 274-room Hilton hotel it owns at 21 Atwells Ave in Providence, RI, and construct a 216-unit apartment property in its stead It’s the second time the Cranston, RI, hotel owner has proposed such a...
Crain’s New York Business Cohen Brothers Realty Corp has filed plans to convert the upper floors of the 499,100-square-foot office property at 623 Fifth Ave in midtown Manhattan into 172 apartment units The lower 10 floors of the 38-story...
The NRP Group has completed work on the 179-unit Renaissance at Lincoln Park apartment property in New Rochelle, NY The workforce-housing property, at 117 Guion Place, has units with up to two bedrooms each All units would be set aside for those...
Commercial Observer Palantir Technologies has signed a lease for 140,345 square feet at the 620 Ave of the Americas office building in Manhattan The software company had been occupying space in the 669,513-sf building through WeWork It’s now...
REBusiness Online A venture of Naftali Group and Access Industries has begun work on the 850-unit Williamsburg Wharf apartment property in Brooklyn, NY The property, at 470 Kent Ave in the borough’s Williamsburg area, will also include retail...
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© 2023 Commercial Real Estate Direct All rights reserved..
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