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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.
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M Core said its in-house team will provide management of the centre and has planned site upgrades including new EV charging points.
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Retailers/manufacturers are increasingly turning to Silicon Valley to buy startups
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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.
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Proptech giants like CoStar and MRI Software are looking to make acquisitions as the economic crisis creates distressed situations for some startups.
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Two landlords filed lawsuits against major retailers that they allege owe them rent this week.
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Sherwood equities is selling the 25K SF space, having bought the site as an office building in 1987.
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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.
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The investment in L+M Development Partners will fund affordable and mixed-income housing in New York, Texas and California.
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