Debt & Equity
Transactions: Meridian refis Chinatown property, Love closes $6.8M for assisted living center
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Meridian Capital Group announced the following transactions: $3.6 million for the refinance of a commercial property located in Chinatown.
Retail
Equinox takes 44,000 s/f at 315 Park Avenue
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Columbia Property Trust has signed Equinox to a 20-year lease for 44,458 s/f at 315 Park Avenue South. The lease, which is expected to commence in May
Featured
Eckardt has remote control as real estate disruptor makes U.S. push
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Eric Eckardt is not a typical real estate executive, but then again, his employer, Purplebricks, is hardly a traditional real estate company.
Deals & Dealmakers
Knotel losing count during US leasing tear
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Flexible office space provider Knotel has been on a leasing tear this year, adding nine new locations and more than 80,000 s/f in Manhattan last month alone.
Debt & Equity
Rock climbing center gets $22M boost from Knighthead Funding
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Knighthead Funding has provided Cayuga Capital Management with $22 million in short-term debt to finance the conversion of a vacant Brooklyn, NY warehouse
Deals & Dealmakers
RFR redeveloping 345 Park Avenue as 300,000 s/f showpiece building
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For the first time in more than 15 years, RFR is making all 300,000 s/f of office space at 345 Park Avenue South available for lease. The 12-story building
Deals & Dealmakers
Post Brothers buys Duchess for $166M
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Gebroe-Hammer Associates has finalized the $166 million sale of the Hudson Waterfront’s newest River Road luxury hi-rise, The Duchess in North Bergen.
Residential
Have You Heard? Gatsby era mansion hits market on LI Gold Coast
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A Gatsby-era mansion built by petroleum pioneer Charles Pratt and owned by the Rockefellers is being offered for sale. Laurel Hill estate was built by
Deals & Dealmakers
SL Green buys some Moinian Sky
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SL Green Realty Corp., New York City’s largest commercial property owner, has closed on the purchase of a 20 percent interest in the newly completed Sky
Deals & Dealmakers
Howard Hughes buys South Street parcel for $100M
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By Konrad Putzier Rendering of Morali’s 80 South Street The Howard Hughes Corporation has dished out $100 million for 80 South Street, a site just
Deals & Dealmakers
Anand Bhatia building on his fatherʼs billion dollar dream
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In the lexicon of New York real estate families, the Bhatias’ story is unique if for no other reason than it begins, not in Manhattan or any of the five
Debt & Equity
Eyzenberg & Company replaces construction loan on beachfront complex
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Eyzenberg & Company has replaced a $22.6 million construction loan on a Myrtle Beach live entertainment, restaurant and retail complex with a $26 million