NEW YORK CITY-The 10-story, 33-unit apartment building located within Fifth Avenue’s Gold Coast section has been acquired by United Fifth LLC, GlobeSt.com has learned exclusively.
NEW YORK CITY-A new report from Fitch Ratings predicts that CMBS issuance volume will improve modestly to $35 billion, though existing transactions may take longer to catch up.
NEW YORK CITY-The contract is the third deal for the American-arm of the Swedish development company. The project will span 105th Street down to 63rd Street.
NEW YORK CITY-The three-year acquisition financing for 430 W. 14th St. is composed of a $45 million senior loan provided by Citigroup Global Markets Inc., as well as a $10 million mezzanine loan provided by SL Green.
NEW YORK CITY-The seven-story, 1250,000-square-foot SoHo building has been acquired by CIM Group and Kushner Cos. Massey Knakal’s Robert Burton tells GlobeSt.com’s Jacqueline Hlavenka that the property has “great potential.”
NEW YORK CITY-Friends and family of Silverstein Properties’ building management team gathered on the sixth floor of the Equitable Building in honor of the New York Giants Ticker Tape Parade. Check out exclusive pictures from GlobeSt.com.
NEW YORK CITY-The executive vice president of the country’s biggest apartment REIT talked with GlobeSt.com about the “sweet spot” in the rental industry—and it doesn’t involve core assets.