Based on The Basis reporting. Coverage is selective, not a complete market database. Amounts retain their stated meaning; sale prices, loan amounts and lease terms are not combined. “Reported” is the reporting date, not necessarily the closing date.
The investor says the former IAC headquarters could attract close to $300 million. Its proposal puts a distinctive West Chelsea property into a shareholder debate, but no sale has been announced.
Michael Gordon joins the Grand Central redevelopment as senior project executive, bringing corporate-campus experience to a project with a demanding transit and structural program.
The search follows a raid at Deutsche Finance Group as prosecutors examine alleged benefits to pension investment staff. BVK’s forecast of €853 million in potential losses remains distinct from the criminal allegations.
Manhattan asking rents hit $79.47/sf in October, matching March 2020. Inside the office recovery: AI leasing, record demand and a prime-space shortage.
Reports of tighter underwriting put NYC rent-stabilized refinancing in focus. FHFA disputes a Freddie Mac lending freeze; owners face property-specific financing terms.