Finance - New York
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New York Adds $3B to Sustainable Investment Program
Among other steps, the state’s retirement fund—third largest in the U.S.—is committing as much as $6 billion to green investment across asset classes.
31 December 2018 14:24 -
Long Island City Tower 1st Big Winner of Amazon Move
A report by global credit rating agency DBRS looks at the impact on CMBS and other commercial real estate implications of the e-commerce giant's decision to locate one of its HQ2 sites in the submarket.
26 December 2018 15:09 -
Times Square Tower Reaches Full Capitalization
UBS led a new round of equity financing to achieve $2.5 billion for the groundbreaking of TSX Broadway in Midtown Manhattan.
17 December 2018 10:18 -
Square Mile Provides $161M Loan for NYC Office Tower
Borrowers Rockwood Capital and Midtown Equities utilized the financing for the acquisition and repositioning of One Broadway, a 253,000-square-foot, landmark building in downtown Manhattan.
07 December 2018 12:51 -
Manhattan Office Deal Tops SL Green’s Big Day
The office REIT’s biggest news was its entrance into the hot Hudson Yards market, with the purchase of a $440 million property located at 460 W. 34th St.
05 December 2018 13:33 -
Vornado Realty Trust Refinances NYC Retail Property
The financing replaces an existing $205 million loan on a 78,000-square-foot Manhattan building occupied in its entirety by Old Navy.
21 November 2018 09:27 -
Newmark Knight Frank Secures Refi for Soho Retail Assets
Oaktree provided the floating-rate loan to a partnership led by 60 Guilders to upgrade two interconnecting spaces encompassing more than 4,000 square feet.
12 November 2018 12:14 -
CIT Group Provides $35M for Manhattan Office Project
The six-story development will feature more than 74,000 square feet of medical office space, providing convenient access to the area’s hospitals, medical schools, research centers and outpatient facilities.
31 October 2018 16:03 -
L&L Holding JV Buys Terminal Stores in NYC for $880M
The partnership will transform a self storage space at the historic 1.2 million-square-foot property in West Chelsea into a state-of-the-art office and retail asset.
26 October 2018 12:46 -
NKF Hires New EVP for Valuation Practice
Marc Shapiro will be responsible for team management, growing the practice and managing compliance to complex international regulatory agency standards and driving revenue.
25 October 2018 17:00 -
Fully Leased NJ Industrial Asset Lands $20M Financing
Principal Real Estate Investors provided the loan for Adler Development’s soon-to-be-completed warehouse situated along the Route 130 industrial corridor.
22 October 2018 13:43 -
Madison Capital JV Refinances Historic Manhattan Asset
PGIM provided the loan, which will enable the partnership to complete renovations at the landmark building in the Flatiron district.
18 October 2018 09:54 -
NYC Office High-Rise Lands $250M Refi
Normandy Real Estate Partners, Meadow Partners and AM Property Holding Corp. used the proceeds to refinance the 610,000-square-foot property at 80-90 Maiden Lane.
12 October 2018 10:25 -
Manhattan Office Project Lands $187M Construction Financing
The developers, a joint venture comprising Normandy Real Estate Partners and Columbia Property Trust, will use the loan for the construction of a $300 million project in Midtown South.
11 October 2018 14:14 -
Meridian Capital Secures $40M Refi in Manhattan
The owner, Moinian Group, is set to redevelop three vacant buildings in the Financial District, on a site with more than 250,000 square feet of development rights.
09 October 2018 11:24