December 17, 2003 New York Daily NewsTribeca Associates, and investment firm run by former Insignia/ESG partners Bill Brodsky and Elliott Ingerman, has completed its purchase of Penncom Plaza, an 18-story office building at 132 W. 31st St. in Manhattan. The ...
December 17, 2003 New York PostApple Computer may soon open a second store in Manhattan as the computer maker is negotiating a 21,000-square-foot lease for the GM Building's underground concourse. The store will have a mini-entrance at the edge of ...
December 17, 2003 New York Post (Second item)Friedland Properties has contracted to buy a group of four retail buildings at 817 to 827 Madison Ave., on 69th Street in Manhattan, for the $90 million asking price. Returns at that price ...
December 17, 2003 New York Post (Third item)Principal US Property last month bought an apartment building at 420 W. 42nd St. for $108 million, according to property records. The seller, Brodsky Organization, has retained the retail space and was represented ...
Wachovia Securities is providing $600 million of fixed-rate debt for 11 Madison Ave., in a deal arranged by Carlton Group. The 2.2 million-sf office property is being acquired by Tamir Sapir and David Werner for $675 million.
December 16, 2003 Crain's New York BusinessLarry Silverstein, who holds the lease on the World Trade Center, failed again to convince the Second U.S. Circuit Court of Appeals that his insurers should make two $3.55 billion payments, one for each ...
December 16, 2003 New York PostNews America Inc. has completed a lease renewal and expansion at 1211 Sixth Ave., the 44-story Manhattan office tower owned by Jamestown and home to the New York Post and the Fox News Channel. The ...
The investment bank has provided a 10-year mortgage to SL Green for its Daily News Building in midtown Manhattan. The loan pays a rate of 5.24 percent.
December 15, 2003 Moody's Investors Service has placed six classes of 1251 Avenue of the Americas Trust, 1999-XL1251, under review for possible downgrade because the insurance policy on the deal's collateral property is from an insurer that does not meet ...
December 12, 2003 Credit Suisse First Boston has provided Related Cos. with $620 million of mortgage financing for the residential portion of a massive mixed-use development at Manhattan's Time Warner Center on Columbus Circle. The financing, which was reported by ...
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