City: New York City
Kalikow Puts 195 Broadway in NYC Up for Sale, Expects $300Mln-plus
December 13, 2004 New York PostPeter Kalikow has hung a for-sale sign on 195 Broadway, the 1.2 million-square-foot office building in downtown Manhattan that is home to such firms as Thomson Financial and Morgan Stanley. Kalikow, who bought 195 Broadway ...
Angelo Gordon JV to Pay $55Mln for 450 West 15th St. in NYC
December 9, 2004 New York Post Angelo, Gordon & Co. is partnering with Belvedere Capital to buy 450 W. 15th St. in Manhattan's Meat Packing District for $55 million. The venture is buying the 291,216-square-foot building in a preemptive purchase ...
NYC’s Park Central Hotel Sells for $215Mln
December 9, 2004 New York Post (Third item)Highgate Holdings and Whitehall Real Estate Funds closed Monday on their purchase of the Park Central Hotel in New York for around $215 million, real estate sources said. The hotel at 980 Seventh ...
SL Green Maps Out Plan to Combine 2 NYC Offices
The New York REIT is taking on a large redevelopment and repositioning project in Manhattan and is counting on large growth from its investment in Gramercy Capital Corp.
SL Green Eyes 1095 Sixth in NYC
December 9, 2004 SL Green Realty Corp. (NYSE:SLG) would like to buy 1095 Sixth Ave., which Verizon recently put up for sale.But investors might drive the property's price out of its reach. At the New York REIT's annual investor meeting ...
Building on NYC’s Seventh Avenue Gets $20Mln Financing
December 8, 2004 Citigroup Capital Markets has provided $20 million of financing for 499 Seventh Ave., a class-B office building better known as Fashion Tower. Michael Sherman, a director in L.J. Melody & Co.'s New York office, arranged the permanent, ...
GMAC Wins Court Battle Over Terrorism Insurance
December 8, 2004 A New York state appeals court last week ruled that GMAC Commercial Holding Corp. had the right to force a real estate company to buy terrorism insurance over its objections. The case dates to February 2001, when ...
Natori Expands Presence at 180 Madison Ave. in NYC
December 7, 2004 Natori Co. has signed a lease for 22,324 square feet at 180 Madison Ave. in Manhattan. PBS Realty Advisors Principals' Laura Pomerantz and John Brod represented Natori in the negotiations with landlord SL Green Realty Corp. The ...
WTC Builder Victor in a $1Bln Tug of War
December 7, 2004 New York Daily NewsA federal jury gave a billion-dollar boost to the rebuilding of Ground Zero yesterday when it ruled the World Trade Center was destroyed in two separate attacks. The decision means leaseholder Larry Silverstein could ...
CBRE Files Suit Against Four Former Brokers in N.Y.
December 7, 2004 NewsdayCB Richard Ellis has taken the unusual step of filing a $40 million lawsuit against four Long Island brokers who defected to a rival in September. The commercial real estate brokerage firm filed suit last week in ...
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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.
