Northeast

Commercial Observer A venture of Sovereign Partners and HudsonPoint Capital has agreed to pay about $385 million, or $707.72/sf, for the 544,000-square-foot office building at 575 Fifth Ave. in Midtown Manhattan. It is buying the 40-story building from a venture...

Commercial Observer An investor group led by John Choi has paid $33.55 million, or $203,636/unit, for four apartment buildings with a total of 165 units near Central Park in Manhattan. The group, operating as Bando Geny 4 LLC of Los...

Commercial Observer Madison Realty Capital has provided a $61 million loan against the 135-unit Braddock Park West apartment property in the northern New Jersey township of North Bergen. The property, at 8601 Bergenline Ave., is owned by Sanz Property Management,...

The Real Deal David Werner Real Estate Investments has agreed to pay about $40 million, or $207.25/sf, for the 193,000-square-foot office property at 311 West 43rd St. near Times Square in Manhattan's Hell's Kitchen area. The New York investor is...

Hoodline Gindi Capital has paid $55 million, or $337.42/sf, for the 163,000-square-foot office property at 25 Elm Place in downtown Brooklyn, N.Y. The Gindi family office—Ralph Gindi founded the Century 21 department store chain in 1961—bought the 106-year-old property from...

Commercial Observer MF1 Capital has provided $170 million of financing for the completion of the 354-unit apartment property at 2366 Bedford Ave. in the Flatbush neighborhood of Brooklyn, N.Y. The property, which is set to open this year, is being...

The Real Deal A venture of Metro Loft Management and Quantum Pacific Group has agreed to pay about $100 million, or $262.54/sf, for One Whitehall St. in Lower Manhattan, with plans to convert the 380,895-square-foot office building into apartments. The...

Real Estate NJ Maersk has leased 233,492 square feet at the 515,600-sf 200 Linden Logistics Center industrial property in Linden, N.J. The newly built property, at 200 Linden Logistics Way, is owned by a venture of PGIM Real Estate, Advance...

Bisnow Allan Bailey Johnson Group has paid $134 million, or $500/sf, for the 268,000-square-foot FBI Boston Division headquarters building at 201 Maple St. in Chelsea, Mass. The agency relocated to the eight-story building from Boston nine years ago. It is...

The Real Deal Namdar Realty Group is said to be paying about $280 million, or nearly $515/sf, for the 543,743-square-foot office building at 250 West 57th St. in Manhattan. The Great Neck, N.Y., investor is buying the 26-story building from...