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June 6, 2023

This Week’s N.Y. Deal Sheet

BioLabs' Glennis Mehra Discusses How To Accommodate Tenant Growth In New York July 27

Leasing picked up in New York City this week, while some negotiations on some of the city’s final 421-a developments added to sales and financing activity in the pipeline.

TOP LEASES

This Week’s N.Y. Deal Sheet

SL Green has signed Swedish private equity firm EQT Partners to 76K SF at 245 Park Ave. for a 15-year term, the REIT announced. Real estate-focused global alternative investment manager Angelo Gordon has also signed for an 11K SF expansion, bringing its total footprint to 149K SF in the building.…

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Top Stories on Bisnow.com

Billions Of Investment Dollars Flow Into One Of Saudi Arabia's Largest Economic Projects Billions Of Investment Dollars Flow Into One Of Saudi Arabia's Largest Economic Projects
Insurance Costs Jump 26% For U.S. Multifamily Properties Insurance Costs Jump 26% For U.S. Multifamily Properties
REPORT: Brookfield Launches New Investment Fund With $15B Target REPORT: Brookfield Launches New Investment Fund With $15B Target
Banks Look To Shed CRE Loans, Even If That Means Selling At A Discount Banks Look To Shed CRE Loans, Even If That Means Selling At A Discount
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LuxUrban Hotels Picks Up 2 More Shuttered NYC Hotels

LuxUrban Hotels Picks Up 2 More Shuttered NYC Hotels

LuxUrban Hotels has signed master lease agreements for two Times Square hotels, adding almost 300 keys to the company’s portfolio.The Miami-based company has signed two 35-year agreements with five-year options for the 79-room Hotel 46 Times Square and the 213-key The Hotel @ Times Square, the company…

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Former HUD Secretary Donovan Named CEO At Affordable Housing Developer Enterprise

Former HUD Secretary Donovan Named CEO At Affordable Housing Developer Enterprise

Shaun Donovan, who served as secretary of the Department of Housing and Urban Development in the Obama administration, has been named CEO and president of national affordable housing nonprofit Enterprise Community Partners. He will begin in the role…

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In Case You Missed It...

Brooklyn’s Next Hot Rental Development Markets Are Its Overlooked Waterfronts Brooklyn’s Next Hot Rental Development Markets Are Its Overlooked Waterfronts
NYC To Pay $220M To Pakistan-Owned Hotel For Migrant Shelter NYC To Pay $220M To Pakistan-Owned Hotel For Migrant Shelter
Tishman Speyer Extends $485M Loan At 300 Park Ave. Tishman Speyer Extends $485M Loan At 300 Park Ave.
Airbnb Sues New York City Over Short-Term Rental Law, Claiming $85M In Damages Airbnb Sues New York City Over Short-Term Rental Law, Claiming $85M In Damages
Fisher Brothers Hires Former Brookfield, CXP Exec As Head Of Real Estate Fisher Brothers Hires Former Brookfield, CXP Exec As Head Of Real Estate
 
 
 
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