State: New York - NY

New York Business Journal An affiliate of Palette Hotels has paid $72 million, or $203,966/room, for the 353-room DoubleTree by Hilton New York LaGuardia Airport Hotel in the East Elmhurst neighborhood of Queens, N.Y. The Manhattan hotel management company acquired ...

New York Business Journal Sabet Group has paid $32.5 million, or $485,075/unit, for a portfolio of three apartment buildings with a total of 67 units in Manhattan's Turtle Bay neighborhood. The New York real estate firm acquired the portfolio from ...

Rithm Capital Corp., which last year acquired Paramount Group, giving it ownership of Manhattan's 1301 Ave. of the Americas, has brought on DRA Advisors as an equity partner in the 1.75 million-square-foot office building. Rithm's Paramount unit, which it has ...

New York Business Journal Morgan, Lewis & Bockius has leased 205,000 square feet of office space at 1251 Avenue of the Americas in Midtown Manhattan. The Philadelphia law firm is relocating from 101 Park Ave., also in Manhattan, where it ...

The modification of the $425 million mortgage against the 1.19 million-square-foot JACX office complex atop the Queens Plaza commuter hub in Queens, N.Y., has been completed, with its term extended by at least three years to September 2029.

Underwriters led by JPMorgan Securities are preparing to launch a massive single-borrower CMBS transaction that would allow for the refinancing of a $1.77 billion debt package against the 1.78 million-square-foot office building at 245 Park Ave. in Midtown Manhattan.

JPMorgan Chase Bank has provided $66.5 million of mortgage financing against the 81,684-square-foot office building at 836-838 Broadway in Manhattan's Union Square neighborhood. The loan, arranged by Newmark, allowed the 150-year-old building's owner, ZG Capital Partners, to refinance a $28.86 ...