February 12, 2004 New York PostNorman Sturner's Murray Hill Properties has sold 270 Madison Ave. for $65 million, or $238/sf. A group led by Altman/Burack bought the 274,00-sf Manhattan office building.
The Japanese insurance company sold 600 Lexington Ave. for nearly $92 million to U.S. Core Office Fund, a partnership between its Sumitomo Life Realty (N.Y.) unit and Hines, a Houston-based real estate investment firm.
February 11, 2004 New York PostLeon Black's Apollo Management is leasing for 11 years the entire 31,000-square-foot office formerly occupied by Tyco at 9 W. 57th St., a Manhattan building where high floors with views of Central Park rent for ...
February 11, 2004 New York Daily News Third itemVornado Realty Trust, a REIT based in Paramus, N.J., is said to be buying a three-level retail building at 25 W. 14th St. in lower Manhattan for about $40 million. The sellers ...
February 11, 2004 New York Post Second itemThe owners of the Manhattan Mall are seeking to sell or recapitalize the Herald Square building to the tune of at least $400 million. Andrew Penson's Argent Ventures and Lehman Brothers have hired ...
February 11, 2004 Ark Investments has purchased the Shoreham Hotel, a 177-room property at West 55th Street and Fifth Avenue in New York City.The New York-based firm bought the property – which is subject to two ground leases with about ...
February 10, 2004 New York Post Second itemLifestyle Media Inc. is moving from the Fisk Building on West 57th Street in midtown Manhattan to 110 William St. in downtown and doubling its space in the process. The magazine publisher is ...
February 10, 2004 New York PostThe Japanese owners of the New York Gift Building at 225 Fifth Ave. are selling the 380,000-square-foot showroom to a joint venture between Olympus Real Estate Partners, the Milestone Group and Murray Hill Properties, which ...
February 6, 2004 Vornado Realty Trust (NYSE:VNO) has completed two significant financing deals for a Manhattan office property and a temperature-controlled warehouse business it owns with Crescent Real Estate Equities Co. (NYSE:CEI).Vornado, a Paramus, N.J., REIT, got a $300 million ...
February 5, 2004 Fitch Ratings has upgraded four classes of GS Mortgage Securities Corp. II, 1997 GL-I, because a loan representing 10 percent of the deal's balance has been defeased, or replaced with Treasury securities.The rating agency upgraded the deal's:– ...
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