Manhattan, NY The Durst Organization and Bank of America have closed a $1.6 billion refinancing of One Bryant Park. The financing combined a $950 million CMBS loan with a $650 million Liberty Bond loan
Manhattan NY Rosewood Realty Group has completed the $10.5 million sale of 495 Amsterdam Ave. on the Upper West Side. The 9,975 s/f five-story, mixed-use walk-up apartment building on the corner of West 84
th St., features
Merrick, NY The Net Lease Investment Sales Group for Avison Young facilitated the sale of a single-tenant net-leased United States Postal Service (USPS) property located at 2040 Merrick Rd. for $5.1 million. The USPS recently renewed a
Brooklyn, NY KFIR Capital completed the $20.5 million sale of a two-story, 43,000 s/f mixed-use building in an Opportunity Zone (OZ). The buyer, a family office, plans to develop the site at
Orangetown/Clarkstown, NY According to Cushman & Wakefield, the firm served as the exclusive advisor to Angelo Gordon & Onyx Equities in the procurement of $94 million in financing for Bradley Corporate Park, a 17-building
NYC commercial real estate investment is still alive! The new NYS rent regulation laws affect approximately one-million stabilized units. However, there are still approximately two million free market apartments many in wholly free-market or largely free-market buildings. In addition, let’s not forget mixed use, office,
Manhattan, NY Madison Realty Capital (MRC) provided an $83 million loan to recapitalize a 230-room hotel at 25 West 51
st St. in Midtown, located across from Rockefeller Center.
Manhattan, NY According to The Durst Org., EisnerAmper signed a 15-year lease for 124,327 s/f on the 6
th through 9
th and partial 10
th floors of 733 Third Ave. Also included in the deal is
East Hampton, NY According to Katz & Associates, Warby Parker has opened their first area location at 50 Newtown Ln. Brian Katz, CEO of Katz & Assoc. secured the site on behalf of the tenant. The lease is for 1,250 s/f.
Brooklyn, NY Bestreich Realty Group (BRG) completed the sale of 854 Hancock St., in the Bedford Stuyvesant neighborhood. The four-unit multifamily property sold for $1.95 million. The property features two four-bedroom/two-bathroom units,