Subject: Northeast Regional Digest (NEDIG)

Commercial Observer Just months after signing a lease at 1285 Ave. of the Americas in Midtown Manhattan, Latham & Watkins has expanded its office footprint by 131,354 sf, to 251,354 sf. The law firm signed for 120,000 sf last July. The 1.8 ...

Commercial Observer The venture of RXR Realty and One Investment Management that owns 61 Broadway in Lower Manhattan has lined up $475 million of capital to fund the 786,985-square-foot office building's conversion into 796 apartments. Apollo Global Management provided $420 ...

Rentv.com Warren Resort Hotels has paid $22.5 million, or $424,528/room, for the Franciscan Inn & Suites, a 53-room hotel in Santa Barbara, Calif. The Santa Maria, Calif., company acquired the property, at 109 Bath St., from Ed St. George, a ...

Commercial Observer A venture of AM Property Holding Corp. and DelShah Capital has agreed to pay $135.7 million, or $359.95/sf, for the 377,000-square-foot CitySpire office building at 156 West 56th St. in Midtown Manhattan. It's buying the property from a ...

Commercial Observer Fanatics Inc. has signed a lease for all 210,000 square feet of office space at 95 Morton St. in the West Village of Manhattan. The sports merchandise and betting platform has occupied 105,000 sf at the building since ...

Commercial Observer Corebridge Financial has provided a $46 million loan against the 79-unit Pleasantville Lofts in Pleasantville, N.Y. The property was developed in 2023 by Vito and Jordan Errico, who founded the Equinox fitness center chain. They funded the property's ...

Commercial Observer Connecticut General Life Insurance has provided $40 million of financing against 131,523 square feet of office space at 99 Hudson St. in the Tribeca section of Manhattan. The space is owned by Olshan Properties of New York. It ...

The Real Deal ING Capital has provided $800 million of mortgage financing against the 850,000-square-foot office building at 550 Madison Ave. in Manhattan. The loan refinances a $570 million mortgage that ING provided in 2016. The property is owned by Olayan ...

The Real Deal Gencom has paid $320 million, or $1.26 million/room, for the 253-room Ritz-Carlton Hotel at 50 Central Park South in Manhattan. The Miami investor acquired the property from a venture of Westbrook Partners and Korea Investment Corp. and ...

Commercial Observer OceanFirst Bank has provided $50.5 million of financing for the development of the 180-unit Sylvan Woods Yorktown age-restricted apartment property in Yorktown, N.Y. The property is being developed at 800 East Main St. by AMS Acquisitions of Fort ...