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Lender Grabs Troubled So Ho Building From Madison Capital, Vornado: The N. Y. Deal Sheet
5+ day, 13+ min ago (743+ words) Less than two years after Madison Capital and Vornado Realty Trust put their boutique office and retail development they dubbed the Gateway to So Ho on the market for $100 M, they sold the building for half that much. Capstone Equities,…...
Brooklyn Is All The Rage. Why Isn't Its Retail Booming?
1+ mon, 1+ week ago (860+ words) Living in any of'Bedford-Stuyvesant,'Bushwick'or'Sunset Park'comes with a distinct but equally trendy reputation for'Brooklyn's young professionals " one that brands, in theory, would love to latch onto.' Yet, securing the right retail remains a challenge in many parts of the borough,…...
Sovereign, Hudson Point Buy 575 Fifth Ave. For $378 M: The N. Y. Deal Sheet
1+ mon, 3+ day ago (771+ words) Met Life and Beacon Capital Partners have closed the sale of 575 Fifth Ave. , four years after first putting the property on the market. Sovereign Partners and Hudson Point Capital bought the 40-story, 544 K SF building for $378 M, per city records…...
Tishman Speyer In Talks To Retake Ownership Of Chrysler Building
4+ mon, 1+ day ago (381+ words) Tishman Speyer is the frontrunner to become the owner of one of New York City's most iconic properties " again. The property stalwart, which owns Rockefeller Center, is in advanced talks to become the Chrysler Building's owner for the second time…...
600 Fifth St. NW, A Trophy Office Space In D. C.'s Vibrant Penn Quarter
2+ mon, 3+ week ago (439+ words) 600 Fifth St. NW will host Bisnow's Washington, D. C. , State of the Market'event on April 23.'Register here.' 600 Fifth St. NW features private outdoor terraces on every other floor, offering indoor-outdoor work experiences and views across the city. The glass curtain wall has…...
3 M SF JPMorgan Tower Off The Runway As Height Agreement Reached With Airport
1+ mon, 3+ week ago (289+ words) JPMorgan Chase'has received permission from London City Airport for JPMorgan's landmark headquarters at Canary Wharf in what is set to become one of the largest office developments the UK has ever seen. The bank is lining up a 3 M SF…...
Houston Law Firm Signs 44 K SF Lease At JPMorgan Chase Tower
2+ mon, 4+ week ago (278+ words) Yetter Coleman law firm subleased 44 K SF at the city's tallest building at 600 Travis St." The boutique trial law firm will occupy the 53rd and 54th floors of JPMorgan Chase & Co. Tower, according to a press release from CBRE. The new lease…...
Swiss Luxury Brand Buys 690 Madison From SL Green, Jeff Sutton: The N. Y. Deal Sheet
2+ mon, 4+ week ago (454+ words) Another luxury retailer has purchased its Manhattan flagship. Swiss luxury fashion'chain Richemont paid $54. 5 M for the 8 K SF retail building at 690 Madison Ave. , property records show. Richemont is the parent company of the property's sole retail tenant, Van Cleef & Arpels....
Moinian Pays $10 M In Equity For Fifth Avenue Refi: The N. Y. Deal Sheet
4+ mon, 4+ day ago (659+ words) The Moinian Group'landed new debt to'pay off a distressed'loan'on'two mixed-use Fifth Avenue'buildings " but not without'having to throw in a significant'chunk of its own cash. Deutsche Bank, Societe Generale Financial Corp. and German American Capital Corp. provided a $310 M CMBS loan'to…...
Wall Street Investors Fell Back In Love With NYC Offices In 'Epic' 2025
5+ mon, 1+ week ago (823+ words) Lenders are ready and willing to bet on office again " especially if it's in Manhattan. And as the nationwide rate of CMBS distress increases, owners of prime New York City office towers have emerged as the big winners of Wall…...
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