Mack-Cali selling waterfront trophy for $380M
Mack-Cali is in contract to sell a trophy office tower on the Hudson River waterfront for $380 million, according to sources close to the deal.
Author : REW
ON THE SCENE: Latest middle market sales
TerraCRG announced the $7.4 million sale of an approximately 15,300 s/f development site located at 1070 Flatbush Avenue in Flatbush. Ofer Cohen, Daniel Lebor and
Bruman secures $66M loan to build 165-unit Astoria apartment tower
SCALE Lending, a Slate Property Group affiliate, has closed on a $65.9 million construction loan to finance the ground up construction of a residential project
Retailers jostle over cut-price space as Brooklyn market looks for solid ground
The Real Estate Board of New York (REBNY), the City’s leading real estate trade association, today released its Summer 2021 Brooklyn Retail Report which highlights steady leasing
Lightstone funds $18M refi’ on Westchester apartment complex
Lightstone Capital, Lightstone’s real estate debt platform, has provided an $18 million loan to The Confluent Group to refinance a substantially completed boutique multifamily complex in Westchester County,
CPC approves rezoning to turn Blood Center into life science hub
The City Planning Commission today approved by vote of 8 to 2 the New York Blood Center’s ULURP application for an applied life sciences hub
EverWest hits the bullseye with $57M Queens warehouse acquisition
In its second tri-state industrial acquisition this month, EverWest Real Estate Investors has closed on a 70,500 s/f industrial building in Maspeth, Queens, for $57.25
Hines, NPS acquire San Fran’ PG&E campus, plan massive redevelopment
Hines, the international real estate firm, and the National Pension Service of Korea (NPS), announced the $800 million acquisition of the historic Pacific Gas &
German bank relocates to 17,000 s/f at 505 Fifth
JLL has completed a 17,282-square-foot lease for Norddeutsche Landesbank-Girozentrale (Nord/LB) for the entire seventh and eighth floors at 505 Fifth Avenue in Manhattan. The tenant
Savanna secures $105M bridge loan on midtown office condo
Alexander Shing’s LA-based Cottonwood Group, a private equity real estate investment firm, has closed on a $105 million bridge loan for The Six, a newly-developed boutique