Crown Acquisitions
Vornado Lands $400M Refi for Manhattan Mixed-Use Tower
The funds retire a $500 million loan from 2019.
SL Green Signs Long-Term Lease at Manhattan Trophy Tower
A British-American hedge fund will occupy two floors at 450 Park Avenue.
Mack-Cali Sells Last Suburban Office Portfolio for $84M
The transaction is part of the firm’s strategy to divest its non-core assets.
New York Retail Mogul Stanley Chera Dies at 78
The founder of Crown Acquisitions led his firm from humble beginnings to its present-day success as one of Manhattan’s major investors.
Home of 1st New York Apple Store Gets $75M Refi
Crédit Agricole provided the financing package for Centurion Realty’s 28,000-square-foot SoHo building.
Vornado Sells $1.2B Stake in NYC Retail Venture
In its latest move to generate big proceeds, the REIT sold a 45.4 percent common equity interest in its Upper Fifth Avenue and Times Square collection.