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1535 Broadway, where Vornado Realty Trust scored a $451M refi this week.
News

This Week's N.Y. Deal Sheet: East New York Housing Project Lands $315M

... lend $125.1M to Princeton International Properties to refinance a Midtown East office building at 154 E. 52nd St., PincusCo ... from previous owners Quadrum Global, Baron Property Group and Simon Development. An Arrow Real Estate Advisors team of Morris Betesh, ...

Apr 22, 2025
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Walmart Buys Another Shopping Center, Deepening Status As Retail Landlord
News

Walmart Buys Another Shopping Center, Deepening Status As Retail Landlord

... 160K SF center, which is less than 50 miles from Midtown Manhattan, with a nearly 119K SF store. It also occupies ... , including a Walmart and Sam’s Club.  If approved, the development would give Walmart access to a market it was previously ...

Oct 20, 2025
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A rendering of SL Green, Caesars Entertainment and Roc Nation's casino proposal
News

MAPPED: The 8 Contenders Vying To Build Billion-Dollar New York Casinos

... REIT Gaming and Leisure Properties has committed $2.3B of development financing for the project. The joint venture expects the ... output, according to Soloviev. To garner community support, the development is among those allowing the general public to own a ...

Jun 29, 2025
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A rendering of a proposed Wynn casino in the second phase of Hudson Yards.
News

Wynn, Related Fold On Hudson Yards Casino

... , the second phase of the largest private commercial development in U.S. history. In its statement, ... the cost of construction, whereas a housing-centric development wouldn't.  Related, Oxford and Wynn hoped ... build a casino atop its Midtown department store.

May 19, 2025
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Bisnow Week In Review: The Most Consequential CRE Stories From Last Week
News

Bisnow Week In Review: The Most Consequential CRE Stories From Last Week

... as the SEC's plan with developers Douglas Development and Midtown Equities for a new office in NoMa faces ...   Charlestown, Boston's oldest neighborhood, is undergoing significant development changes following the adoption of PLAN: Charlestown, despite facing ...

Oct 08, 2023
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175 Water St., the office tower formerly home to insurance firm AIG.
News

2 Struggling Manhattan Office Buildings Get $100M In Tax Breaks For Renovations

... office market. The New York City Industrial Development Agency selected two properties to take part ... is 850 Third Ave., a 21-story Midtown East office tower built in 1960 and ... next few years, The City reported. The Midtown East office tower’s tax break from ...

Jan 23, 2024
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Penler
News

Atlanta Multifamily Group With Crow, Carlyle Backing Going Shopping

... another $125M on four apartment developments. The firm’s development pipeline was quiet in 2023 and 2024, mirroring the ... acquiring apartments in urban infill markets, the firm’s development focus is on affluent Southeastern suburbs. Metzler said Penler ...

Sep 28, 2025
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John Dewberry with his daughter, Pippa, and his wife, Jaimie.
News

John Dewberry, Atlanta's Real Estate Maverick, Wants A Fresh Start

... impact on the Atlanta skyline.  “Today, it's all for development, you know, and redevelopment, and so it's more transactional ... it planned to vacate Peachtree Pointe to anchor a new development in Midtown. It’s a hole that left the building largely ...

Sep 25, 2025
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A rendering of The Soloviev Group's Freedom Plaza casino proposal, with a partially underground casino, public space and two residential towers among other features.
News

Casino Dreams Dashed For Final Manhattan Bid, Sole Brooklyn Proposal

... the vision that informed this project that would have revitalized Midtown East,” Soloviev Group CEO Michael Hershman said in a ... acre of public space. Thor already secured a $2.3B development commitment from casino REIT Gaming and Leisure Properties to fund ...

Sep 22, 2025
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Manhattan Office Market Tightens, Bolstered By Big Leases
News

Manhattan Office Market Tightens, Bolstered By Big Leases

... period," Franklin Wallach, executive managing director of research and business development for Colliers in New York, said in a statement.   ... 1 World Trade Center, which Bisnow first reported. Availability in Midtown increased by 0.1% to 16.2% and rose in ...

Jun 03, 2024
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