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Blackstone Sells Shopping Centers for $512M
News

Blackstone Sells Shopping Centers for $512M

With Blackstone’s two-thirds interest in hand, Kimco has full ownership ...

Dec 12, 2014
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Here’s One Big Reason Blackstone Will Make a Killing on Stuy Town
News

Here’s One Big Reason Blackstone Will Make a Killing on Stuy Town

“Flex” apartments, which have partitioned rooms that allow for a higher rent without taking more space, are a big part why Stuy Town’s had rising rental revenue over the past several years. Of the 11,232 units in NYC’s biggest apartment complex, 5,000 are ...

Nov 05, 2015
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Three Bryant Park
News

Ivanhoe Cambridge Just Dropped a Record $2B on Three Bryant Park

Blackstone Group has sold Three Bryant Park (pictured above), and Canada- ...

Jan 20, 2015
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SL Green To Pay $730M For Park Avenue Tower
News

SL Green To Pay $730M For Park Avenue Tower

...  Shorenstein Properties in 2014, according to property records.  Blackstone then spent $170M to renovate the property following the ... Eastdil Secured’s Gary Phillips and Will Silverman represented Blackstone in the transaction.  The deal comes on the heels ...

Oct 15, 2025
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Debt On Blackstone’s Forsaken Broadway Office Tower Sells For $200M
News

Debt On Blackstone’s Forsaken Broadway Office Tower Sells For $200M

... from office investments into data centers and rental housing. Blackstone acquired the building a decade ago from Vornado Realty ... property at $175M, well below the previous debt balance. Blackstone reportedly hasn't made any payments toward the property’ ...

Apr 22, 2024
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500 Park Ave., which SL Green bought from Morgan Stanley for $130M this week.
News

This Week’s N.Y. Deal Sheet: SL Green Snaps Up Park Avenue Office For $130M

... and triple-digit rents,” Sitomer said. TOP SALES Blackstone spent $197.5M acquiring four retail properties in Manhattan ... Katz, Molly Diamondstein, Melissa Brown and Shakierah Smith advised Blackstone. *** AmTrustRE bought 360 Lexington Ave., a 1959-built ...

Nov 26, 2024
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675 Third Ave., which is reportedly in contract to sell for more than $100M.
News

This Week’s N.Y. Deal Sheet: 675 Third Ave. Under Contract For $100M-Plus

... voucher discrimination, the New York Post reported at the time. *** Blackstone is under contract to buy the Kimpton Hotel Eventi in ... Real Estate Capital Partners, Bloomberg reported. The deal will cost Blackstone $175M for the 292-key hotel at 851 Sixth Ave ...

Jan 21, 2025
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Soaring Investor Withdrawals May Force Real Estate Funds To Sell Buildings
News

Soaring Investor Withdrawals May Force Real Estate Funds To Sell Buildings

... the industry. Nontraded REITs, like those run by Blackstone and Starwood that have capped investor redemptions in ... considering withdrawing money from real estate funds. Blackstone's nontraded REIT, Blackstone Real Estate Income Trust Inc., started limiting ...

Dec 06, 2022
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Savanna paid $255M to buy 799 Broadway, a loss for its developers, Columbia Property Trust and Cannon Hill Capital Partners.
News

Savanna Buys 799 Broadway For $255M, Slightly Less Than Building's Debt

... to Commercial Observer, which first reported the deal. Blackstone Mortgage Trust issued the loan in 2022 and facilitated ... our carrying values,” a Blackstone Mortgage Trust spokesperson told Commercial Observer. A Blackstone spokesperson didn't respond to ...

Nov 19, 2024
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620 Avenue of the Americas
News

RXR Holds On To Chelsea Landmark, Sells 50% Stake To Hudson Bay Capital

... Friday.  The debt was furnished by Goldman Sachs and Blackstone, Commercial Observer reported. Loan documents filed with the city ...  show an entity tied to Blackstone Mortgage Trust provided a $334M senior mortgage, which ...

Oct 18, 2024
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