Tag: Northeast Digest

Commercial Observer Northwind Group has provided $33 million of mortgage financing to facilitate William Macklowe Co.'s purchase of a $46 million loan on the 127,000-square-foot 291 Broadway office building in the Tribeca section of Manhattan. Macklowe purchased the loan from Flagstar ...

New York Business Journal EducationRE Inc. has paid $94 million, or $605.81/sf, for the 150,000-square-foot office property at 425 Westchester Ave. in the Bronx, N.Y. The Fort Lauderdale, Fla., non-profit bought the property from Starwood Capital Group, which built it in ...

New York YIMBY Sherwood Equities is looking to sell the development site at 460 Tenth Ave. in the Hudson Yards section of Manhattan. The development site, which is being offered through JLL, can accommodate a 42-story building with 233 residential ...

Commercial Observer Morgan Stanley and Societe Generale have provided $147 million of mortgage financing against the 625,000-square-foot office building at 255 Greenwich St. in lower Manhattan. The loan, which is being securitized and was arranged by Avison Young, allowed the ...

Commercial Observer Starwood Property Trust has provided a $161 million loan against the 222-unit Forty Six Fifty apartment building at 4650 Broadway in Manhattan's Inwood neighborhood. The property is owned by Arden Group of Philadelphia, which completed its development last ...

The Real Deal Invesco has provided $280 million of mortgage financing against the 455-unit apartment building at 980 Sixth Ave. in Manhattan. The loan retires $273 million of financing that Blackstone Mortgage Trust provided in 2022. The 980 Sixth building, ...

Commercial Observer Creed Equities has paid $25 million for 149 Spring St., an eight-story building with 2,254 square feet of retail space and seven apartment units in Manhattan's SoHo area. The New York family office bought the property from EMP ...

The Real Deal Vornado Realty Trust has placed the 543,000-square-foot office building at 150 East 58th St. in midtown Manhattan on the sales block and is aiming for a price of $250 million, or just more than $460/sf. The New ...

Commercial Observer Wells Fargo Bank has provided $249.2 million of Freddie Mac financing for the 392-unit Anagram NoMad apartment property at 10 East 29th St. in Manhattan. The property is owned by Global Holdings Management Group, which purchased it in ...

Commercial Observer Latham & Watkins has leased 120,000 square feet at the 1.8-million-square-foot office building at 1285 Ave. of the Americas in midtown Manhattan. The lease has a 12-year term and was arranged by CBRE. The property is owned by ...