The Real Deal JPMorgan Chase Bank has provided $316 million of construction financing for the development of a 700,000-square-foot warehouse at 55-15 Grand Ave in Queens, NY A venture of LBA Realty and RXR Realty is developing the property, which is...
Crain’s New York Business Reuben Bros has agreed to acquire the 189-room Surrey Hotel in Manhattan The British investment company is buying the property from Denihan Hospitality Group of New York The hotel, at 20 East 76th St, has been...
Crain’s New York Business LCOR Inc has filed plans to construct a 322-unit apartment building in Brooklyn, NY The 26-story property, at 1515 Surf Ave, will include 10,000 square feet of commercial space and 193 parking spaces The New York...
Commercial Observer Home Depot has renewed its lease for 120,000 square feet at 28-40 West 23rd St in Manhattan The lease is for 15 years Williams Equities owns the property, which sits between Fifth and Sixth avenues In October, Home Depot agreed...
Worcester Business Journal Finard Properties plans to demolish the 308,863-square-foot Greendale Mall in Worcester, Mass, and replace it with a 121,000-sf warehouse The buzz is Amazoncom Inc may fully lease the single-story industrial property, but...
Boston Business Journal King Street Properties plans to build a 700,000-square-foot life-sciences complex in the Boston suburb of Devens, Mass The Boston developer is constructing the five-building property on a 45-acre site on Jackson Road The...
Crain’s New York Business Vornado Realty Trust has filed lawsuits against two tenants at a pair of its Manhattan office buildings, alleging they have not paid their rent The New York REIT sued Retailing Enterprises, which occupies space at...
The Real Deal Scale Lending has provided $38 million of financing against 25 unsold residential condominium units at the Chamberlain building in Manhattan Simon Baron Development Group built the 38-unit property, at 269 West 87th St, on the...
Commercial Observer The Birch Group has paid $62 million, or about $17816/sf, for the 348,000-square-foot office building at 1979 Marcus Ave in Lake Success, NY The Nanuet, NY, real estate investment firm bought the Long Island, NY, property from a...
The Real Deal Finkelstein Timberger Real Estate has secured $186 million of Fannie Mae loans against a portfolio of 16 rent-stabilized apartment properties in the Bronx, NY The loans, which were arranged by Black Bear Capital Partners, have 12-year...
