MCR Hotels and Island Capital Group close $260 million refinancing for Sheraton New York Times Square
Manhattan, NY MCR Hotels (MCR), Island Capital Group (Island) and JLL’s Hotels & Hospitality group said that MCR and Island have closed on a $260 million refinancing of the 1,780-key Sheraton New York Times Sq.
Manhattan, NY George Comfort & Sons, on behalf of the ownership of 575 Lexington Ave., finalized a 300,000 s/f lease with Weill Cornell Medicine at 575 Lexington Ave. in the Plaza District.
Manhattan, NY The Feil Organization has signed a 10-year, 20,955 s/f lease at 551 Fifth Ave. with Eaglestone LLC, a holding company that acquires and supports best-in-class companies in the mechanical, fire protection,
Manhattan, NY ATCO Properties & Management completed three lease agreements totaling 12,961 s/f at 555 Fifth Ave. The 20-story, 257,000 s/f class A office building is located in Midtown.
Woodbury, NY Marc Spector, FAIA, CEO/owner, SPECTOR companies, and IREON member since 2018, received the 2023 Lifetime Achievement Award from the American Institute of Architects.
Carrion of NYC Department of Housing Preservation and Development speaks at Housing Partnership event
Manhattan, NY NYC Housing Partnership president and CEO Jamie Smarr greeted NYC Department of Housing Preservation and Development (HPD) commissioner Adolfo Carrion at the non-profit’s 40th anniversary fundraising event.
Manhattan, NY Acentech, a consultant in architectural acoustics, noise and vibration control, and audiovisual and technology systems design, in collaboration with Desai Chia Architecture on the Columbia University’s new Walter and Shirley Fan Wang ESPORTS Room which received a 2023 Learning By Design Outstanding Project Award.
Farmingville, NY JM2 Architecture PC has completed the 2,500 s/f office renovation at 2410 North Ocean Ave., Suite 300. The total project cost was $300,000. The renovation took six months from initial planning, ordering furniture and materials to construction and final completion of punch list items. The design concept was to incorporate sharp, modern wall and ceiling lines, by use of different colors and materials. JM2’s goal was to create many dramatic spaces within the overall office space.
Bronx, NY Elected officials, community leaders, and health advocates came together on November 17 to celebrate the groundbreaking of Bronx Community Health Network’s (BCHN) new health and wellness diagnostic and treatment center at 3763 White Plains Rd. Renovations are starting soon to transform the location’s previously unoccupied two-story building into an outpatient medical, dental and behavioral health center with associated support spaces.
Montebello, NY Owner/developer FilBen Group, equity partner RSF Partners, general contractor McAlpine Contracting (McAlpine), and designer H2M Architects + Engineers (H2M) have completed the structural system and building enclosure, or “envelope,” for Braemar at Montebello. Upon full completion in 2024, the Braemar property will be a 200-resident, four-level, 133,675 s/f, assisted living residence located on 6.2 acres at 250 Lafayette Ave.
Manhattan, NY Shawmut Design and Construction has completed the \ repositioning project at 712 Fifth Ave. which allows the community to experience New York’s only historic René Lalique-designed glass building façade in a new public atrium. Working with Paramount Group and architects Kohn Pedersen Fox (KPF), Shawmut executed the design vision within the 100-year-old, landmarked building, underneath a 52-story, 650-ft-tall skyscraper, to connect and align it with the building next door, creating a new atrium and allowing a luxury retailer