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Two years after its owner landed in hot water over a mezzanine loan, the Chatwal Hotel at 130 W. 44th St. has new ownership.
News

Historic Midtown Hotel Sells For $53M: The N.Y. Deal Sheet

... , Jeffrey Julien, Brendan Maddigan and Michael Mazzara. *** Allied Realty & Development has sold an 11-story building in NoMad for $24M ... out of bankruptcy for $87.4M last year from Casco Development. *** KeyBank has provided a $90M refinancing loan to Bogopa ...

Oct 21, 2025
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A rendering of 343 Madison Ave., on which BXP is starting vertical construction.
News

BXP Starts Construction On $2B Midtown Office Tower

... Madison. “At the best positioned office development site in New York, BXP will ... on existing assets rather than ground-up development. BXP Chief Financial Officer  Michael ... $200s.  The average asking rent for Midtown Manhattan Class-A office space was $ ...

Jul 30, 2025
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Noah Zucker took this screenshot on 7/21/2025
News

20-Story Residential Tower Considered For Quiet Midtown Village Tracts

... expects the portfolio to sell for around $4M. Any new development would likely need to at least partially preserve the block ...

Jul 21, 2025
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Bryant Park, Manhattan.
News

Busy Summer Continues For NYC Office Leasing With Midtown The Clear Leader

... Franklin Wallach, executive managing director of research and business development for Colliers in New York, said in a statement.  ... been increasingly aggressive in securing Park Avenue office space. Midtown South accounted for 680K SF of leasing activity, ...

Aug 01, 2024
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The Midtown Center development in D.C., where Fannie Mae is headquartered.
News

This Week’s D.C. Deal Sheet: Law Firm Doubles Footprint With Midtown Center Lease

... strength and appeal of exceptional trophy office properties like Midtown Center,” Carr Chief Portfolio Officer Jackson Prentice said in ... commercial lending at United Bank.  *** JBG Smith Chief Development Officer Kai Reynolds has retired, and three of the ...

Feb 07, 2025
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131-141 East 47th Street
News

Hong Kong Developer Lands $185M Loan For Midtown Condo Project

... accessible to buyers than any other luxury condo building in Midtown,” Kriss said in a statement.  Four units in the ... time, it also parted ways with Josh Schuster’s Silverback Development, which joined the project in March 2020.  Representatives for  ...

Apr 01, 2024
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Core Spaces
News

This Week's Atlanta Deal Sheet: Core Spaces Moving Forward On 2nd Midtown Student Housing Project

... Seventh and Cypress streets, just north of Tech Square in Midtown. The proposal also includes plans for a 1,600 SF ... events space, the ABC reported. DEVELOPMENT A local coffee purveyor is stripping down a previously proposed Midtown mixed-use project into a ...

Aug 11, 2024
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Sherman Residential
News

AIG Sells Midtown Apartments For $61M

... county records. Sherman has since rebranded the building as Axis Midtown. The apartment investor didn't respond to Bisnow's requests ... Federal Reserve’s series of interest rate hikes slowed new development, which is expected to bring supply and demand back in ...

Jan 24, 2024
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Nightingale Properties' Midtown Office Tower Seized By Lenders
News

Nightingale Properties' Midtown Office Tower Seized By Lenders

... on the 15-story office for approximately $28M from Extell Development. But in 2023, Nightingale, engulfed in scandal, defaulted on its ...

Nov 11, 2024
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century city los angeles
News

This Week's Atlanta Deal Sheet: Sounds Like Bose Is Searching For A Midtown Office

... Office building, where it will expand from its Midtown Promenade Tower office, the Atlanta Business Chronicle reported ... Invest Atlanta have entered contract negotiations with Urban Oasis Development and Culdesac Inc. for the revitalization of Murphy ...

Mar 21, 2024
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