NEW YORK CITY-SL Green, one of the joint venture owners of 1515 Broadway, takes a $625-million three-year loan to pay down debt and increase its economic stake in the property. The pair paid $484 million for the site in two years ago.
NEW YORK CITY-SL Green, one of the joint venture owners of 1515 Broadway, will use its portion of a $625-million, three-year loan to pay down debt and increase its economic stake in the property. The pair paid $484 million for the site in two years ago.
GREAT NECK, NY-The developer is focusing on properties that it is in the process of transforming. Feldman anticipates inking deals with major tenants within the next few months.
NEW YORK CITY-A San Francisco-based not-for-profit group takes title to a 90,000-sf commercial condo portion of 15 Broad St. The firm develops infrastructure projects for other not-for-profits.
NEW YORK CITY-La Quinta's franchising program was a key reason the Blackstone Group took an interest in the Dallas-based hotel company, La Quinta executives said. They add that they anticipate Blackstone will look to grow the franchise, particularly in the Northeast.
NEW YORK CITY-The first project in the city's middle income co-op program is expected to be completed next fall. The 12-story Sutton will feature 135 units.
