January 12, 2004 Commercial Real Estate Direct Staff ReportEastdil Realty's Douglas Harmon advised Max Capital Management on its recent recapitalization of 450 W. 33rd St., a 1.75 million-square-foot office building in Manhattan.As reported, Max Capital, a New York real estate ...
January 12, 2004 Reckson Associates Realty Corp. (NYSE:RA) has completed its $321 million acquisition of 1185 Avenue of the Americas, a 1.1 million-square-foot office tower in midtown Manhattan.The deal increases Reckson's New York City portfolio to more than 4.6 million ...
January 9, 2004 Commercial Real Estate Direct Staff ReportMax Capital Management has opted not to buy out its partners in 450 W, 33rd St., a 1.75 million-square-foot office building in midtown Manhattan.Instead, the partnership that owns the property has brought ...
In a pair of transactions, Mark Karasick has bought out his partner in the massive office building and refinanced its floating-rate debt with $184 million of fixed-rate debt from Wachovia Securities and $40 million of mezzanine debt from S.L. Green.
January 8, 2004 News America Inc., parent company of the New York Post and Fox News Channel, has completed a lease renewal expansion totaling 794,000 square feet at 1211 Avenue of the Americas. News America extended its existing lease for ...
January 7, 2004 Crain's New YorkWachovia Corp. is moving more than 1,000 back-office jobs from its retail brokerage operations to Richmond, Va., from lower Manhattan this year as it gives up space at 199 Water St. and 1 New York ...
January 7, 2004 New York PostFerrari has chosen a corner spot at 410 Park Ave., on the southwest corner of 55th Street, for its first-ever showroom in Manhattan. The 4,300-square-foot space was vacant for three years while the Cushman & ...
January 7, 2004 New York Daily News (Third item)Public relations firm Burson-Marsteller has signed a lease renewal that will keep it at 230 Park Ave. South in midtown Manhattan. The firm rents the entire 300,000-square-foot property, where a converted printing ...
January 7, 2004 New York Daily News (Second item)Dow Jones, parent company of The Wall Street Journal, has renewed its lease at World Financial Center in lower Manhattan. The 16-year deal for 150,000 square feet represents about half the space ...
January 6, 2004 New York Post (Second item)Central Parking System, which owns a garage at 10 W. 48th St. in midtown Manhattan, has sold the garage's air rights plus two small adjacent buildings to Jules Demchick's J.D. Carlisle Development Corp. ...
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