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
Citadel Could Nix 350 Park Project in Midtown Manhattan
The Wall Street Journal Citadel Enterprises America might not move forward with its planned 1.85 million-square-foot office project at 350 Park Ave. in Midtown Manhattan. The move would be in response to the city and state's proposal to impose a ...
G4 Capital Takes Brooklyn, N.Y., Mixed-Use Building in Foreclosure
Commercial Observer G4 Capital Partners has taken title to the 81,000-square-foot mixed-use property at 206 Kent Ave. in the Williamsburg section of Brooklyn, N.Y. The New York lender provided $84.25 million of financing in 2020. The property's previous owner, a ...
Moinian to Convert More Office Space at Manhattan’s 17 Battery into Apartments
Commercial Observer Moinian Group is planning to convert an additional 150,000 square feet of office space at the 450,000-sf 17 Battery Place in Lower Manhattan into 220 apartment units. The New York investor has owned the 31-story building, also referred ...
Bravo Lends $23Mln Against Brooklyn, N.Y., Apartments
Bravo Property Trust has provided $23 million of short-term financing against the 31-unit apartment building at 106-107 South 6th St., near the foot of the Williamsburg Bridge in Brooklyn, N.Y. The four-story building was constructed in 1891 as the Bedford ...
JPMorgan Lends $54Mln Against 115-Unit Apartment Property in Manhattan’s Greenwich Village
Bisnow JPMorgan Chase Bank has provided a $54 million loan against the 115-unit apartment property at 10 Downing St. in Manhattan's Greenwich Village area. The loan allows the property's owner, Stonehenge NYC, to retire a $57.3 million loan provided by Flagstar ...
Law Firm Eyes 150,000 SF at Manhattan’s 343 Madison Ave. Office
Commercial Observer Law firm McDermott Will & Schulte is in talks to lease about 150,000 square feet at the 930,000-sf 343 Madison Ave. office building that BXP Inc. is developing in Midtown Manhattan. The Boston REIT is being represented by ...
CMBS Loan Against Manhattan’s 1515 Broadway Gets Another Year; Deal Gets Downgraded
Commercial Real Estate Direct Staff Report The CMBS loan against the 1.74 million-square-foot office building at 1515 Broadway in Midtown Manhattan has been further extended through next March, after the building's owner, a venture led by SL Green Realty Corp., ...
10,400-square-foot retail building at 713 Madison Ave. on Manhattan’s Upper East Side
JSRE Acquisitions has paid $40 million, or $3,846/sf, for the 10,400-square-foot retail building at 713 Madison Ave. on Manhattan's Upper East Side. The New York investor bought the six-story building from French luxury retail company Longchamp, which acquired it in ...
Paragon Building
Pearl Realty Management has paid $28 million, or $215.38/sf, for the 130,000-square-foot Paragon Building, part of the Point LIC office complex, in the Long Island City section of Queens, N.Y. The Brooklyn, N.Y., company purchased the building from BrightSpire Capital ...
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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.
