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Citigroup to pay $2B for Tribeca HQ
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Citigroup, Inc. exercised its option to purchase its Tribeca headquarters building complex at 388-390 Greenwich Street from SL Green Realty Corp.
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Benchmark buys mixed-use building at 10 Fifth Avenue for $9.21 million
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10 Fifth Avenue By Roland Li Benchmark Real Estate Group, LLC has closed on the purchase of a mixed-use building at 10 Fifth Avenue for $9.
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7 Bryant Park tops out
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[imagebrowser id=320] Hines, Pacolet Milliken, J.P. Morgan Asset Management on behalf of its institutional investors, Turner Construction Company and building
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Hanson closes 40,000 s/f laundry lease
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NAI James E. Hanson brokered a lease for 40,000 s/f of industrial space to Handy Laundry at 50 Spring Street in Ramsey, N.J. Kenneth Lundberg, SIOR, Gary
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Hartz collects tax credit to build new Jersey City rental
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 PHM II Associates, LLC a partnership of Hartz Mountain Industries, Panepinto Properties, Inc. and Garden State Development, Inc. today announced that
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Hugo Neu adding Annex with latest loan package
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Developer Hugo Neu Group has secured $14.5 million of New Market Tax Credit (NMTC) loans from Capital One and New Jersey Community Capital (NJCC).
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Swig signs 42,000 s/f lease
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KENT SWIG Kent M. Swig, president of Swig Equities, LLC, has signed a new 42,000 s/f lease at 110 William Street with Pacific College of Oriental Medicine
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Have You Heard
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Michael Paul Enterprises, a leading full service real estate investment and development firm, will host a pizza open house at Carl Schurz Park next week
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Featured deal: Fifth Avenue sale to set price psf record
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A penthouse at 400 Fifth Avenue has just gone to contract for $12 million. The closed deal would set a new price per square-foot record in the building
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New York co-ops boost NCB lending to $951M during past year
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National Cooperative Bank (NCB), a financial institution committed to serving co-operatives nationwide, reported $951 million in real estate lending during 2014.
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$16M construction finance for new LIC condo
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Meridian Capital Group negotiated $16.4 million in construction financing and $5.7 million in joint venture equity for a new Long Island City condo.
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$24M loan for newest McSam hotel
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Square Mile Capital Management announced that it has originated a $24.5 million mezzanine loan secured by a to-be-built hotel near Times Square and Hudson Yards.