Northeast

Boston Business Journal An affiliate of Elliott Management has paid $124 million, or $512,397/room, for The Godfrey Hotel, a 242‑room property in Boston. The West Palm Beach, Fla., investment firm acquired it from Union Investment, a German asset manager that...

The Real Deal Law firm Baker McKenzie has expanded its footprint at 10 Bryant Park in Midtown Manhattan by 16,000 square feet to 122,000 sf, giving it just more than 14% of the 865,000-square-foot office building's total space. The law...

New York Daily News New York State's Assembly is planning an additional 1% tax on homes purchased for $1 million or more in cash in New York City. The surcharge would apply only to homes sold in New York City...

Boston Business Journal Boylston Properties has paid $46 million, or $292.99/sf, for a 157,000‑square‑foot office property at 30‑44 Washington St. in Wellesley, Mass. The Boston company purchased the five‑building complex from the Haynes family, which had owned it for decades....

New York YIMBY Silverstein Properties will soon restart construction of the 55 story 2 World Trade Center office building in Lower Manhattan. The New York developer and Port Authority of New York and New Jersey started building out the property's...

The Real Deal Extell Development has acquired the development site at 405-417 Park Ave., between 54th and 55th streets, in Midtown Manhattan for $500 million. The New York developer purchased the site from a venture between GDS Development and Swedish...

New York Post Citadel Securities isn't the only company rethinking its New York City expansion plans. Apollo Global Management, which is planning a second headquarters, is eyeing Florida or Texas. And it has said the bulk of its future hiring...

Albany Business Review Centers Health Care Network has sold a portfolio of three nursing homes and rehabilitation centers with a total of 332 beds in the Albany, N.Y., area for $33.1 million. The Bronx, N.Y., company sold the properties to...

Albany Business Review MLG Capital has paid $55.5 million, or $277,500/unit, for the Kensington at Halfmoon, a 200‑unit apartment complex in Halfmoon, N.Y. The Brookfield, Wis., investment firm purchased the six-building property from Richbell Capital of Saratoga Springs, N.Y., which...

New York Post Cleary Gottlieb has renewed its lease for 475,000 square feet at the 2.3 million-sf One Liberty Plaza office building in Lower Manhattan. The law firm, which was represented by Newmark and Cushman & Wakefield, renewed for another...