New York
Top 5 Office Building Sales
PropertyShark compiled the top 5 sales in office recorded in May 2019 in New York City.
New York Passes Climate Leadership and Community Protection Act
The bill aims to address and mitigate the effects of climate change by cutting greenhouse gases, diverting the state’s energy reliance to renewable energy and creating green jobs across the state.
Strategic Real Estate Acquires NJ Office Complex
The company received a $53.6 million loan to purchase the more than 320,000-square-foot asset in Morristown. The building counts Travelers Insurance among its tenants.
Allianz Buys Into NYC Skyscraper for $384M
The German insurer purchased a minority stake in the 1.5 million-square-foot office condo leased to WarnerMedia within the new 30 Hudson Yards tower. The majority owner is a joint venture of the Related Cos. and a third-party investor.
New York Self Storage Portfolio Receives $49M Loan
The three properties encompass a total of 176,000 square feet and benefit from strategic positioning in the Bronx, Mt. Vernon and New Rochelle.
Global Holdings Lands $340M Refi for Manhattan Asset
The Crédit Agricole loan will be used to retire an existing $320 million financing from Bank of America, which was taken out four years prior.
Greenhill & Co. Signs 78 KSF Lease at Rockefeller Center Building
The global independent investment bank will occupy the last available full floors in the redeveloped Sixth Avenue tower formerly known as the Time & Life Building.
JV Obtains Mezzanine Loan for Brooklyn Project
Bluestone Group has provided $8 million in financing for the mixed-use property that Cornell Realty Management and LIVWRK are co-developing in Williamsburg.
New York Times Building Welcomes New Tenant
Global creative company Tag has signed a 31,000-square-foot lease at the iconic Manhattan building, and will utilize the space as its American headquarters.
Waterman Interests, USAA Real Estate Sell NYC Towers for $138M
The partners owned the two office buildings in Manhattan’s Midtown West neighborhood for four years. Qatar-based Alduwaliya is the new owner of the nearly fully leased assets.