Northeast
End of an Era for NYC’s Waldorf Astoria
Chinese insurance company Anbang plans to convert the iconic hotel into luxury condominiums.
Manhattan’s Hudson Yards Lands Another Big One
Point72 Asset Management will occupy 175,000 square feet of office space at Manhattan’s 55 Hudson Yards.
Boston Seaport Office Asset Signs Major Tenant
The Boston Consulting Group is relocating to Tishman Speyer’s Pier 4 development.
$150M Refi for Prime Boston Hotel
The 10-year loan for Chesapeake Lodging Trust’s 502-key downtown property was provided by MetLife.
Executive Spotlight: James Caulfield, Fields Development
Carrying on the legacy of his grandfather, Caulfield tells CPE how he and his brother continue to grow the company through expanding services and adapting to the market.
GE Healthcare Life Sciences Debuts Suburban Boston HQ
The North American headquarters, attracted away from New Jersey by the burgeoning Massachusetts life sciences magnet, will employ more than 500 healthcare professionals upon opening in 2017.
L’Oréal Trades Fifth Avenue for Hudson Yards
The beauty giant will occupy 10 floors at 10 Hudson Yards and the nearby Terminal Stores complex.
Nova Place Earns First Platinum Wired Certification in Pittsburgh
Similar in concept to LEED certification, WiredScore’s program evaluates the infrastructure, technology and internet connectivity of office buildings.
Freddie Mac Sells Off $706M in Delinquent Loans
Four of the five pools were purchased by an affiliate of Lone Star Funds.
Gemma Power Systems Achieves Substantial Completion for Two Pennsylvania Power Facilities
More than 20 gigawatts of coal-fired power plant retirements will be added to the PJM (Pennsylvania, New Jersey and Maryland) market during the next few years.