Deals & Dealmakers
JDS secures $660M for ‘ultra luxury rentalʼ
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JDS Development Group has landed a $660 million financing deal for its double-tower American Copper Buildings in Kips Bay. JLL’s Capital Markets team secured
Construction & Design
Norco Construction Completes Build-Out Of Tavern On The Green
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[imagebrowser id=284] NEW YORK—April 25, 2014— Norco Construction (Norco) is pleased to announce that it has completed the build-out of the new 10,000
Deals & Dealmakers
SL Green looking for $165M refi of 10 East 53rd Street in Midtown
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SL Green and Canada Pension Plan are said to be seeking a $165 million floating-rate mortgage for 10 East 53rd Street in Midtown. Photo via SL Green’
Deals & Dealmakers
Paramount secures $300M loan for 712 Fifth Avenue in Midtown
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Paramount Group has secured $300 million in financing for 712 Fifth Avenue in Midtown Manhattan. The 10-year loan has a fixed rate of 3.
Deals & Dealmakers
Rechler signs 150,000 s/f lease with pharma giant
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Rechler Equity Partners, the largest owner of commercial real estate in Suffolk County, recently signed two long-term lease agreements with Amneal Pharmaceuticals.
Deals & Dealmakers
Industrial vacancy hits all-time low as technology, consumers change
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Industrial vacancy has reached an all-time low as changes in technology, supply chains and consumer habits continue to drive leasing demand for properties.
Debt & Equity
Vornado secures $500M loan for 330 Madison Avenue
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Vornado Realty Trust has secured a $500 million mortgage for 330 Madison Avenue in Midtown. The seven-year loan matures in August 2024 and has a fixed rate of 3.
Deals & Dealmakers
Vornado secures $400M loan for 350 Park Avenue
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Vornado Realty Trust has secured $400 million in financing for 350 Park Avenue in Midtown Manhattan. Photo via Vornado’s website The ten-year loan
Debt & Equity
TRANSACTIONS: Houlihan Parnes places shopping center mortgage
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Houlihan Parnes announced that James J. Houlihan, Christie L. Houlihan and Bryan J. Houlihan secured the placement of a $1,770,000 first mortgage on Ardsley
Retail
Fashion brand Grassroot signs lease at 484 Broome Street in SoHo
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Photo via Wikimedia Commons Sustainable fashion company Grassroot by Anita Dongre has leased its first US location. The celebrated Indian designer will
Deals & Dealmakers
Astoria retail properties sold for $13.55 million
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Two retail properties in Astoria, Queens occupied by outlets for the GAP and FedEx/Kinkos were sold for $13.55 million. The two adjacent buildings are
Featured
Disruptor offering renters $237 move-in fee
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Short-term housing disruptor StayTony is poised to become the first to offer qualified renters the opportunity to move in for a minimum of $237 and to