FAR ROCKAWAY, NY-RAP, a Related Cos. subsidiary, acquired Ocean Park Apartments here from the Ocean Park Co. In exchange for receiving tax-exempt financing, RAP will extend the property's affordability under the Mitchell Lama program for an additional 40 years.
MELVILLE, NY-Taking advantage of the low interest rate environment, Rechler Equity Partners refinances some of its industrial properties for $56.5 million.
MELVILLE, NY-Taking advantage of the low interest rate environment, Rechler Equity Partners refinances some of its industrial properties for $56.5 million.
NEW YORK CITY-In an off-market transaction, Morgan Stanley DW signs on for 75,440 sf at the McGraw Hill building. The financial firm takes over space from another financial entity, Société Générale.
NEW YORK CITY-In an off-market transaction, Morgan Stanley DW signs on for 75,440 sf at the McGraw Hill building. The financial firm takes over space from another financial entity, Société Générale.
NEW YORK CITY-The occupancy rate at 625 Madison Ave. is up to 92% with the signing of two large leases. When SL Green acquired the site late last year, it was 68% leased.
NEW YORK CITY-More space fills up in Lower Manhattan as financial services firm TD Waterhouse consolidates four locations into 137,000 sf at Financial Square.
NEW YORK CITY-More space fills up in Lower Manhattan as financial services firm TD Waterhouse consolidates four locations into 137,000 sf at Financial Square.
NEW YORK CITY-The MTA opens the bidding process for the development rights to the western portion of the LIRR West Side Rail Yard. Bids are due no later than March 21. The RPA, for one, is applauding the open bid, but says the one proposed is "fatally flawed."
NEW YORK CITY-MetLife is exploring the option of selling its landmark headquarters location at 200 Park Ave. and its 1 Madison Ave. counterpart. The company hires Cushman & Wakefield to market 200 Park and CB Richard Ellis for 1 Madison Ave.