State: New York - NY

New York Business Journal Sioni Group has paid $31 million, or $442.86/sf, for 38 West 21st St., a 70,000-square-foot office building in Manhattan. The local developer bought the property from Jack Vogel Associates, which was represented in the deal by ...

Commercial Observer Stockbridge has paid $46.1 million, or $2,634/sf, for the nearly 17,500-square-foot retail building at 1511 Third Ave. in Manhattan's Upper East Side. The San Francisco investor acquired the property from a venture of Union Investment and Nuveen Real ...

Buffalo Business First Uniland Development Co. has acquired a 205,000-square-foot warehouse at 500 Bailey Ave. in Buffalo, N.Y., for $19.4 million, or $94.63/sf. The Amherst, N.Y., company purchased the industrial property from an affiliate of Reich Brothers of White Plains, ...

PGIM has provided $222 million of mortgage financing against a pair of office buildings with 1.01 million square feet in Manhattan owned by Rudin Management Co. The investment manager provided $140 million for the 582,405-sf 41 Madison Ave., which sits ...

Apollo Global Management and Affinius Capital have committed $600 million of financing for the construction of the 1,100-unit 175 Third St. apartment building within the Gowanus Wharf complex in Brooklyn, N.Y. RXR, meanwhile, has made a $185 million equity investment ...

Commercial Real Estate Direct Staff Report The volume of multifamily loans in special servicing should plunge this month as the $539.5 million senior mortgage against the Yorkshire & Lexington Towers apartment buildings, with a total of 808 units on Manhattan's ...

Commercial Observer Google has renewed its lease for 410,556 square feet at the 482,633-sf 315 Hudson St. office building in Lower Manhattan's Hudson Square area. The tech company initially leased space at the nine-story building in 2018 and since has ...

The 171,395-square-foot office building at 200 West 57th St., two blocks south of Central Park in Midtown Manhattan, has seen a sharp decline in cash flow over the years, to the point where it's no longer sufficient to fully service ...

Commercial Real Estate Direct Staff Report The $290 million mortgage against the 839,712-square-foot office building at 26 Broadway in Lower Manhattan has transferred to special servicing because it's expected to default. The transfer to special servicer KeyBank was highlighted in ...

New York Business Journal McDermott Will & Schulte has signed a lease for 150,000 square feet of office space at 343 Madison Ave. in Manhattan. The law firm will occupy seven floors at the 930,000-sf building, which is currently being ...