David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
City: New York City
Cleary Gottlieb Renews Lease at Manhattan’s One Liberty Office
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 ...
40 West 25th St. in Midtown Manhattan
A venture of Kaufman Investments and Two Sigma Real Estate has paid $52 million, or $379.56/sf, for the 137,000-square-foot office building at 40 West 25th St. in Midtown Manhattan. It acquired the property from a venture of Kaufman Organization and AXA ...
Anthropic Nears Deal to Fully Lease Manhattan’s 330 Hudson St.
Commercial Observer Anthropic is nearing a deal to lease the entire 465,630-square-foot office building at 330 Hudson St. in the Hudson Square section of Manhattan. The artificial intelligence startup currently leases 15,500 sf at 155 Ave. of the Americas, also ...
Mixed-Use Property in Manhattan’s NoMad Section Sells for $29.2Mln
Commercial Observer Imperial Sterling has paid $29.2 million, or $1,663/sf, for the 17,553-square-foot mixed-use property at 1151 Broadway in the NoMad section of Manhattan. The Huntington, N.Y., investor acquired the property from Premier Equities of New York, which paid $11.25 ...
Axonic Lends $71.6Mln Against Manhattan’s 430 Park Office Building
Axonic Capital LLC has provided $71.6 million of mortgage financing against the 295,900-square-foot office building at 430 Park Ave. in Midtown Manhattan. The alternative investment manager funded the loan, which was arranged by Ackman-Ziff Real Estate Group, through its insurance ...
Vornado to Buy 49% Stake in Manhattan’s Park Avenue Plaza, Valuing Property at $1.1Bln
Vornado Realty Trust Inc. has agreed to acquire a 49% stake in the 1.15 million-square-foot Park Avenue Plaza office building in Midtown Manhattan in a deal valuing the 44-story building at $1.1 billion. The New York REIT is buying the ...
PGIM-Led Venture Pays $64Mln for Bronx, N.Y., Apartments
The Real Deal A venture of PGIM Real Estate and Fetner Properties has paid $64 million, or $503,937/unit, for the Arbor, a 127-unit apartment property at 3260 Henry Hudson Parkway in the Bronx, N.Y. The venture acquired the property from ...
Maxim Capital Lends $53.2Mln for Development of Brooklyn, N.Y., Apartments
Commercial Observer Maxim Capital Group has provided $53.2 million of financing for the development of a 131-unit apartment property at 57 Caton Place in the Windsor Terrace section of Brooklyn, N.Y. The property, near the southern tip of Prospect Park, ...
Zions Bank Lends $83Mln Against Brooklyn, N.Y., Apartments
Commercial Real Estate Direct Staff Report Zions Bank has provided an $83 million loan against the 465-unit Prospect Place apartment complex in Brooklyn, N.Y. The five-year loan, which is being included in an upcoming CMBS conduit transaction, requires only interest ...
BridgeCity Lends $47.4Mln for Construction of Brooklyn, N.Y., Apartments
Commercial Observer BridgeCity Capital has provided $47.4 million of financing for the development of a 170-unit apartment property at 1104 Pacific St. in the Prospect Heights section of Brooklyn, N.Y. The property is being developed by Castell Group of Brooklyn ...
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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.
