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Owners put rehabs on hold
05
L-r: Brad Hargreaves, Andrew Dansker, Josh Bobrowsky, Anita Gupta and Peter von der Ahe. New York City’s biggest landlord has stopped apartment renovations
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Meridian brokers $592M loan for record-breaking multifamily purchase
05
Meridian Capital Group negotiated a $592 million loan for the purchase of 24 multifamily properties located throughout New York, NY on behalf of Blackstone
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Blackstone acquires stake in Indian IT firm Mphasis Limited
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Blackstone announced that private equity funds managed by Blackstone have entered into an agreement with Hewlett Packard Enterprise to buy a majority stake
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Blackstone ‘experiment’ to reconfigure Stuy Town apartments draws ire of tenants
05
By Sabina Mollot Blackstone has embarked on an “experiment” with 115 vacant apartments in Stuyvesant Town and Peter Cooper Village. The owner of the 11,000-unit
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Rego Park offering goes to market with $210M price tag
03
Another large Queens apartment community has hit the market as the borough continues to grow as a desirable alternative to Brooklyn. B6 Real Estate Advisors
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Blackstone buys $1.16B office portfolio
05
Hines Real Estate Investment Trust Inc. announced it will sell a $1.16 billion portfolio of office properties to feed the appetite of institution investors.
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Blackstone’s Gray optimistic about retail in spite of ‘serious headwinds’
05
With “disruption” as the theme for the conference, Jonathan Gray, the global head of real estate for private equity giant Blackstone, talked about the
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Blackstone cashing out of shopping center REIT Brixmor
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Blackstone is offloading its shares in shopping center REIT Brixmor Property Group. The move comes six months after Brixmor’s CEO resigned due to an internal
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Dallas investors pays $200M for 44 Wall
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Blackstone has closed on the $200 million sale of 44 Wall Street to Dallas-based Gaedeke Group. George Comfort & Sons, served as advisor to the new
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Blackstone to acquire WPT industrial REIT for $3.1B
06
Blackstone Real Estate Income Trust, Inc. (BREIT) announced it will acquire WPT Industrial Real Estate Investment Trust for $3.1 billion.
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Savanna closes on $640M purchase of 5 Bryant Park
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  Savanna has closed on its $640 million acquisition of of 5 Bryant Park from Blackstone. The New York owner and developer plans to modernize the
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Landlords warn warehousing could be the new normal
07
Landlords are warning warehousing apartments could become the new normal. The news comes as the city confirmed it is investigating reports that Stuyvesant