NEW YORK CITY-Michael Bloomberg, Larry Silverstein and Chris Ward were among officials providing an update on the World Trade Center redevelopment, the mayor saying that the “road hasn’t been smooth or straight.”
NEW YORK CITY-Monday Properties has created a new position on its executive team—charged with focusing on new acquisitions and investments. Executive VP Jonathan Geanakos tells GlobeSt.com’s Carl Gaines that he’ll focus investment opportunities on Monday’s core markets.
NEW YORK CITY-Billionaire George Soros’ the Open Society Foundations has inked a 160,000 square foot, full-building office lease at the Argonaut Building, located at 224 W. 57th St.
WASHINGTON, DC-The company had announced plans in August to sell its entire industrial portfolio and now the first phase of that sale--to a joint venture between AREA Property Partners and the Adler Group--is complete.
NEW YORK CITY-Swiss Post Solutions will use the 10,750 square feet it has taken at Kalmon Dolgin Affiliates’ 31-00 47th Ave. in Long Island City for a new line of business—digitizing documents.
NEW YORK CITY-The company settled its $549.7 million in defaulted junior and senior mezzanine loans by agreeing to transfer the bulk of its real estate division’s holdings to an affiliate of one of the lenders.
NEW YORK CITY-The co-op’s 2,820 housing units will remain affordable for current residents for another 20 years due to the investment, which will also create hundreds of union jobs.
NEW YORK CITY-Results from the latest GlobeSt.com poll, about S&P’s downgrading of the US credit rating, reflect public dissatisfaction with Congress, Greg Leisch tells GlobeSt.com’s Carl Gaines.