Blackstone-Led Consortium Places $911M Loan on 425 Park Ave

The financing replaces the construction loan and will eventually be replaced by permanent financing.

      

source https://www.globest.com/2021/12/21/blackstone-led-consortium-places-911m-loan-on-425-park-ave/

CommonWealth Partners Buys Hudson Commons For $1B

Given that the parties have been calling the building the “office of the future,” the price is significant.

      

source https://www.globest.com/2021/12/20/commonwealth-partners-buys-hudson-commons-for-1b/

Commerz Real Buys Office in NYC's Financial District

GFP Real Estate and Northwind Group are selling the full-block property at 100 Pearl St.

      

source https://www.globest.com/2021/12/20/commerz-real-buys-office-in-nycs-financial-district/

Nominate Now for Influencers in Retail

GlobeSt. Real Estate Forum is calling all professionals, teams and companies that have helped shape the retail real estate sector. Submit a candidate before the nomination deadline on February 4.

      

source https://www.globest.com/2021/12/20/nominate-now-for-influencers-in-retail/

Report: Blackstone in Talks to Buy Residential Tower for $930M

At the same time it is reportedly negotiating to buy a stake in One Manhattan West.

      

source https://www.globest.com/2021/12/20/report-blackstone-in-talks-to-buy-residential-tower-for-930m/

Report: Blackstone in Talks to Acquire Stake in One Manhattan West

The deal could value the skyscraper at $2.85 billion.

      

source https://www.globest.com/2021/12/17/report-blackstone-in-talks-to-acquire-stake-in-one-manhattan-west/

NYC's Office Market May Fully Recover By July

By March, office visits are expected to rise putting the city on track for a complete recovery by summer.

      

source https://www.globest.com/2021/12/16/nycs-office-market-may-fully-recover-by-july/

Nominate Now for Influencers in Retail

GlobeSt. Real Estate Forum is calling all professionals, teams and companies that have helped shape the retail real estate sector. Submit a candidate before the nomination deadline on February 4.

      

source https://www.globest.com/2021/12/15/nominate-now-for-influencers-in-retail/

Times Square Retail Property Trading for $190M

1600 Broadway houses M&M’s World.

      

source https://www.globest.com/2021/12/15/times-square-retail-property-trading-for-190m/