New York
El Barrio’s Artspace PS109 will Bring Affordable Live/Work Units to Spanish Harlem
With the reconversion of the long-abandoned Public School 109 in the East Harlem section of Manhattan nearing completion, artists and low-income individuals and families looking for affordable housing have until July 14 to send their applications and become eligible for the housing lottery.
Silverstein Launches Sales Inside Tallest Downtown NY Condo Tower
Developer Silverstein Properties has launched the sales at 30 Park Place, Four Seasons Private Residences New York, Downtown, in the Tribeca part of Manhattan.
RXR Secures $200M in Acquisition Financing for 787 KSF Lower Manhattan Office Building
RXR Realty has secured $200 million in acquisition financing for 61 Broadway, a 786,975-square-foot office building in downtown Manhattan.
NYU Langone Buys Leasehold Interest in Manhattan’s 333 E. 38th St. Office Building for $145M
NYU Langone Medical Center has completed the acquisition of the leasehold interest in Manhattan’s 333 E. 38th St., the 476,200-square-foot office building where it occupies more than 170,000 square feet, from SL Green.
Related Cos., Oxford Unveil Fifty Five Hudson Yards
Related Cos. and Oxford Properties continue planning for the massive $15 billion Hudson Yards development on Manhattan’s West Side by unveiling the design of Fifty Five Hudson Yards, a 51-story, 1.3 million-square-foot office building.
Port Authority Focusing on Private Capital for Silverstein’s 3 WTC Building
The Port Authority of New York and New Jersey met on Wednesday and revealed a change in its approach to the financing for Silverstein Properties Inc.’s development of 3 World Trade Center.
HAP Seeks Approval to Build Mid-Size Condo Building in Chelsea
HAP Investments, a real estate development company founded by Israeli entrepreneurs Eran Polack, Amir Hasid and Nir Amsel, wants to build a mid-sized condominium building in Manhattan’s Chelsea neighborhood, across the street from to the Fashion Institute of Technology and within walking distance to Google New York Headquarters and the Verizon Building.
Megalith, Urban Realty, Carlyle to Build 2 M-F Projects in Brooklyn for $100M
Megalith Capital Management, Urban Realty and an affiliate of The Carlyle Group are teaming up to build two luxury residences in the DUMBO neighborhood of Brooklyn, N.Y.
Carey Watermark Buys Manhattan’s Courtyard Times Square West Hotel for $95M
Carey Watermark Investors has made its second Manhattan acquisition, buying The Courtyard Times Square West, a 224-room select service hotel, for $95 million.
GFI Development, GB Lodging Secure $350M in Financing for Manhattan’s The Beekman
Plans to convert the historic 5 Beekman St. in Lower Manhattan into a luxury lifestyle hotel with an adjoining condominium tower are moving forward now that the property owners and their joint venture partner have secured $350 million in financing.