Commercial Observer Highland Park Community Development Corp has leased the entire 289-room former Radisson Hotel at 52 William St in Manhattan’s Financial District The Brooklyn, NY, nonprofit leased the 20-story property from Slate Property...
Commercial Observer A venture of Sovereign Partners and HudsonPoint Capital has agreed to pay about $385 million, or $70772/sf, for the 544,000-square-foot office building at 575 Fifth Ave in Midtown Manhattan It is buying the 40-story building from...
Commercial Observer An investor group led by John Choi has paid $3355 million, or $203,636/unit, for four apartment buildings with a total of 165 units near Central Park in Manhattan The group, operating as Bando Geny 4 LLC of Los Angeles, bought...
Commercial Observer Madison Realty Capital has provided a $61 million loan against the 135-unit Braddock Park West apartment property in the northern New Jersey township of North Bergen The property, at 8601 Bergenline Ave, is owned by Sanz Property...
The Real Deal David Werner Real Estate Investments has agreed to pay about $40 million, or $20725/sf, for the 193,000-square-foot office property at 311 West 43rd St near Times Square in Manhattan’s Hell’s Kitchen area The New York...
Hoodline Gindi Capital has paid $55 million, or $33742/sf, for the 163,000-square-foot office property at 25 Elm Place in downtown Brooklyn, NY The Gindi family office—Ralph Gindi founded the Century 21 department store chain in 1961—bought the...
Commercial Observer MF1 Capital has provided $170 million of financing for the completion of the 354-unit apartment property at 2366 Bedford Ave in the Flatbush neighborhood of Brooklyn, NY The property, which is set to open this year, is being...
The Real Deal A venture of Metro Loft Management and Quantum Pacific Group has agreed to pay about $100 million, or $26254/sf, for One Whitehall St in Lower Manhattan, with plans to convert the 380,895-square-foot office building into apartments The...
Real Estate NJ Maersk has leased 233,492 square feet at the 515,600-sf 200 Linden Logistics Center industrial property in Linden, NJ The newly built property, at 200 Linden Logistics Way, is owned by a venture of PGIM Real Estate, Advance Realty...
Bisnow Allan Bailey Johnson Group has paid $134 million, or $500/sf, for the 268,000-square-foot FBI Boston Division headquarters building at 201 Maple St in Chelsea, Mass The agency relocated to the eight-story building from Boston nine years ago...
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