Pebblebrook Pays $94Mln for Georgia Resort
August 4, 2021
Hilco Plans Massive Mixed-Use Project in Alexandria, Va.
August 4, 2021
State: New York - NY
Blackstone Lends $500Mln Against Brooklyn, N.Y., Apartment Project
The Real Deal Blackstone Mortgage Trust has provided $500 million of financing for the construction of the 745-unit apartment property at 227 West St. in Brooklyn, N.Y. The debt is comprised of a $400 million mortgage and a $100 million ...
Floor & Décor Signs 95,000-SF Industrial Lease in Commack, N.Y.
The Real Deal Floor & Décor has signed a lease for 95,000 square feet of industrial space at 4 Henry St. in Commack, N.Y., on Long Island. The flooring retailer is taking some of the space that Target once had ...
Paramount Gets $860Mln Loan for Manhattan’s 1301 Avenue of the Americas
Paramount Group Inc. has secured $860 million of financing against 1301 Avenue of the Americas, a 1.7 million-square-foot office building in midtown Manhattan. The five-year loan is comprised of a $500 million tranche that pays a fixed coupon of 3.11 ...
Advance Publications Pays Nearly $10Mln in Back Rent at Manhattan’s One World Trade Center
New York Post Advance Publications has paid nearly $10 million in back rent for the 1.1 million square feet of space it leases at One World Trade Center in Manhattan. The company, Conde Nast's parent, had withheld paying rent in January, ...
Queens, N.Y., Industrial Property Sells for $25Mln
Commercial Observer My Sales LLC has paid $25 million, or $378.79/sf, for the 66,000-square-foot industrial building at 75 Onderdonk Ave. in Queens, N.Y. The Edison, N.J., company bought the property from Jason Richard Realty. B6 Real Estate Advisors represented the ...
Law Firm Renews Lease for 380,438 SF at Manhattan’s One New York Plaza
New York Post Fried, Frank, Harris, Shriver & Jacobson has renewed its lease for 380,438 square feet at One New York Plaza, a 2.6 million-sf office building in Manhattan. The law firm's lease was scheduled to expire at the end ...
Developer Plans 401-Room Hotel in Manhattan
Crain’s New York Business Atlas Hospitality has filed plans to develop a 401-room hotel at 711 Seventh Ave. in Manhattan. The Albertson, N.Y., developer expects to break ground on the project in January and complete it in 2025. The site ...
Carlyle Adds More Space at Manhattan’s One Vanderbilt Office
Commercial Observer The Carlyle Group has expanded its lease to 194,702 square feet at the 1.7 million-square-foot One Vanderbilt office building in Manhattan. The private-equity company recently signed for 33,924 sf on the 32nd floor of the 67-story building, taking ...
Bank Leumi Lends $37Mln Against Brooklyn, N.Y., Apartments
Commercial Real Estate Direct Staff Report Bank Leumi has provided $37 million of financing against the 116-unit apartment property at 222 Johnson Ave. in Brooklyn, N.Y. The loan allowed the property's owner, Slate Property Group of New York, to retire $35.5 ...
Wegmans to Open First Manhattan Store
Commercial Observer Wegmans has signed a 30-year lease for 82,000 square feet of retail space at 770 Broadway in Manhattan. It will be the first store in Manhattan for the Rochester, N.Y., grocery chain. Wegmans expects to move into the ...
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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.
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