The Real Deal Generation Essential Group has paid $69 million, or $456,953/room, for the 151-room Tribeca Hilton Garden Inn hotel in Manhattan The subsidiary of French Media company AMTD Digital acquired the property from a venture of Hersha...
Crain’s New York Business Peter Abowitz has paid $17 million for the development site at 92-11 147th Place in the Jamaica section of Queens, NY The Brooklyn, NY, developer acquired the property from a venture of the Chetrit Group and developer...
Commercial Observer Snowflake has leased 82,505 square feet at the 124 million-sf 7 Times Square office property in Manhattan The data platform will relocate from 114 West 41st St, a block from 7 Times Square, which is owned by a venture of BXP Inc...
Crain’s New York Business PGIM Real Estate has provided $111 million of bridge financing against the 164-unit Bold apartment property at 27-01 Jackson Ave in the Long Island City section of Queens, NY The loan allowed the property’s...
Commercial Observer Uber Technologies is in the late stages of finalizing a lease to expand its footprint at Manhattan’s 3 World Trade Center by 86,071 square feet, to 437,571 sf The ride-sharing company expanded its space by 44,110 sf last...
Commercial Observer Witnick Real Estate Partners has paid $225 million, or $424,528/unit, for the Henson, a three-building apartment property with 53 units on Manhattan’s Upper West Side The New York investor acquired the property from...
Commercial Observer Just months after signing a lease at 1285 Ave of the Americas in Midtown Manhattan, Latham & Watkins has expanded its office footprint by 131,354 sf, to 251,354 sf The law firm signed for 120,000 sf last July The 18...
Commercial Observer The venture of RXR Realty and One Investment Management that owns 61 Broadway in Lower Manhattan has lined up $475 million of capital to fund the 786,985-square-foot office building’s conversion into 796 apartments Apollo...
Rentvcom Warren Resort Hotels has paid $225 million, or $424,528/room, for the Franciscan Inn & Suites, a 53-room hotel in Santa Barbara, Calif The Santa Maria, Calif, company acquired the property, at 109 Bath St, from Ed St George, a local...
Commercial Observer A venture of AM Property Holding Corp and DelShah Capital has agreed to pay $1357 million, or $35995/sf, for the 377,000-square-foot CitySpire office building at 156 West 56th St in Midtown Manhattan It’s buying the...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
