New York
Tishman to Build NYC’s One Vanderbilt
Tishman Construction is in charge of the construction of One Vanderbilt, a $1 billion mixed-use office development in Manhattan.
Top 10 NYC Commercial Property Sales Recorded in May 2016
The stats are in, and the latest PropertyShark data shows which New York City properties recorded in May clocked in the top ranking sale prices. Keep reading and discover which borough dominated, which made a surprise run for the top, which property types are the hottest now, and who the big deal makers are. 1. 1285 Avenue of the Americas, Manhattan Sales Price: $1,649,000,000 Buyer: RXR 1285 Owner LLC Seller: 1285 LLC This is another monumental deal closed by RXR. The new owner inherits the UBS as a tenant for 900,000 square feet of this building. Originally designed by…
American Realty Capital Snaps Up NYC Office Building
The 22-story asset was acquired from an affiliate of Blackstone Real Estate Partners VI.
Connectivity-Rich Data Center Changes Hands in New Jersey
QTS plans to strategically redevelop portions of the facility to expand its total raised floor capacity and critical power.
Ivanhoe, Callahan Seal $895M NYC Deal
The joint venture partners have acquired the remaining 49 percent interest in Manhattan’s 1211 Avenue of the Americas.
CMBS Scrambles to Comply with New Regulatory Regime
The blizzard of new regulations on commercial mortgage programs took center stage at this week’s CRE Finance Council annual conference.
Thor Snatches Two Top Commercial Properties in Harlem
Thor plans to renovate the two properties which add more than 108,000-square-feet of office and retail space to the company’s growing commercial real estate portfolio.
Thor Seals $525M Manhattan Deal
A French billionaire has reportedly acquired a premier Fifth Avenue office and retail asset from Thor Equities.
New Holiday Inn Opens in the Dynamic Downtown Brooklyn
The 245-key hotel was designed by famed interior designer Andres Escobar.
RXR Sells Stake in Manhattan’s 61 Broadway
RXR Realty sold a 49 percent stake in the 33-story tower to an overseas investor, while also securing $290 million in recapitalization financing.
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