Mid-Atlantic
50 UN Plaza Unveils 88 Luxury Condos
Zeckendorf Development and Global Holdings held a sales launch event for 50 United Nations Plaza to unveil the views and prices of 88 condominiums across from the United Nations HQ, geared towards the über high-end client.
Council Approves Plans to Build First NYC Outlet Mall, NY Wheel
Staten Island’s North Shore will become home to the world’s tallest Ferris wheel and a $260 million outlet center now that the New York City Council has approved the project expected to become an instant tourist attraction and landmark on New York Harbor and the city’s skyline.
Hines, Goldman Partner with Pontiac Land on High-Profile NYC Condo Development
Backed by $860 million in construction financing from a consortium of Asian bankers, a high-profile luxury condominium project planned for 53 W. 53rd St. next to the Museum of Modern Art, is moving forward after stalling during the recession.
RXR, Walton to Buy 237 Park in Manhattan from Lehman
RXR Realty and an affiliate of Walton Street Capital, have acquired 237 Park Ave., a 21-story office building, from an entity controlled by an affiliate of Lehman Brothers Holdings.
Clarion Acquires 173 KSF Office Building in Boston for $121M
Clarion Partners has purchased a six-story, 173,439-square-foot office building in Brookline, Mass. for $121 million.
Cvent Leases 130 KSF in Tysons Corner, Va.
Cvent, a leading maker of event-management software, will take about 130,000 square feet of space at Greensboro Station, a Tysons Corner, Va., office campus.
Manhattan’s South Street Seaport Redev Breaks Ground
Redevelopment of Pier 17 at Manhattan’s South Street Seaport into an upscale retail, entertainment and dining venue topped by a one and a half-acre rooftop offering city and harbor views began Thursday with a groundbreaking ceremony.
Vornado Buys $194M Land, Air Rights for Central Park Condo
Vornado completed the acquisition of the land and air rights for 137,000 zoning square feet in a transaction valued at $194 million.
RFR to Give Manhattan’s 285 Madison a $65M Makeover
The 530,000-square-foot office tower is undergoing a $65 million repositioning that will convert the vacant property into a premier, state-of-the-art Midtown office destination that will add a little recreation to the workplace.
Tishman Construction, AECOM to Redevelop Residential Tower in Central NJ for $80M
The Boraie Development Somerset Mews residential tower project in New Brunswick, N.J., moved forward this week with the announcement of Tishman Construction as the construction manager.