Northeast

Bisnow JPMorgan Chase Bank has provided a $54 million loan against the 115-unit apartment property at 10 Downing St. in Manhattan's Greenwich Village area. The loan allows the property's owner, Stonehenge NYC, to retire a $57.3 million loan provided by Flagstar...

Commercial Observer Law firm McDermott Will & Schulte is in talks to lease about 150,000 square feet at the 930,000-sf 343 Madison Ave. office building that BXP Inc. is developing in Midtown Manhattan. The Boston REIT is being represented by...

New York Business Journal Spear Street Capital has paid $50.5 million, or $1,364/sf, for the 37,000-square-foot office building at 74 Eighth Ave. in the West Village area of Manhattan. The San Francisco investment manager bought the property from G4 Capital...

Commercial Observer Goldman Sachs Alternatives has provided a $148.7 million bridge loan against the 188-unit Mabel apartment property at 335 Eighth Ave. in the Chelsea section of Manhattan. The loan, arranged by JLL, allowed the one-year-old property's developer and owner,...

Commercial Observer New Empire Corp. has agreed to pay $51 million, or $702.79/sf, for the 72,568-square-foot office building at 4 West 43rd St. near Bryant Park in Midtown Manhattan. The New York developer is buying the property from the Holy...

Commercial Observer Scale Lending has provided $108 million of financing to fund the conversion of the 297,703-square-foot office property at 770 Second Ave. in Manhattan into 140 apartment units. The property, in the borough's Murray Hill section, is owned by...

The Real Deal Mark Epstein has tapped Newmark has been hired to market for sale the 60,000-square-foot office property at 515 Greenwich St. in the Hudson Square area of Manhattan. The property, which includes air rights, could potentially be converted...

Multi-Housing News Abacus Capital has paid $158 million, or $336,170/unit, for the 470-unit Abbey Lane apartment property in Danbury, Conn. The New York investor acquired the property from 601W Cos., also of New York, which bought it in 2019 for...

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, N.Y., nonprofit leased the 20-story property from Slate Property Group of New York, which purchased...

Commercial Observer Apple Bank has provided $42 million of financing against the 510,000-square-foot Nelson Tower office building at 450 Seventh Ave. in Midtown Manhattan. The loan, arranged by JLL Capital Markets, allowed the property's owner, Kaufman Organization of New York,...