Apollo Global Management, SL Green and RXR plan to convert the 1.1M SF office tower into 1,250 rental units, 313 of which would be permanently affordable.
M Core said its in-house team will provide management of the centre and has planned site upgrades including new EV charging points.
Retailers/manufacturers are increasingly turning to Silicon Valley to buy startups
Mikeone EK has purchased 2025 M St. NW in the Golden Triangle area from a partnership between the Oliver Carr Co. and Clark Enterprises Inc. for $109 million.
Proptech giants like CoStar and MRI Software are looking to make acquisitions as the economic crisis creates distressed situations for some startups.
Two landlords filed lawsuits against major retailers that they allege owe them rent this week.
Sherwood equities is selling the 25K SF space, having bought the site as an office building in 1987.
Learn about zoning changes and the impact of the recently amended City of Yes at Bisnow's New York Conversions and Adaptive Reuse conference on Feb. 27.
The investment in L+M Development Partners will fund affordable and mixed-income housing in New York, Texas and California.
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