ARCHSTONE'S $131M KIPS BAY PLAY; THE DEAL SHEET

HBC Sells $50M Stake In HBS Global Properties

Hudson’s Bay Co sold an additional $50M of its equity in HBS Global Properties, its real estate JV with Simon Property Group, to Madison International Realty.

This Week’s N.Y. Deal Sheet

The biggest leases, sales and loans in New York City this week.

WeWork Quietly Exited 120K SF Back Bay Space

WeWork has closed a large Boston coworking space in which Amazon had opened a facility in 2017.

Value Slashed By Almost 90% At Vacant Brooklyn Retail Property

A 106K SF Brooklyn retail property once home to a rowdy movie theater has seen a dramatic drop in its valuation following an appraisal.

Bankrupt WeWork Owes Boston Landlords Over $7M, Seeks To Exit 2 Leases In City

As part of the coworking operator's bankruptcy filing, it listed Boston property owners including Beacon Capital and John Hancock among its largest creditors.

Retail Owners Using Tight Market To Protect Themselves If Economy Sours

New requirements, lease terms and deadlines are being imposed on tenants looking to expand while vacancy remains low.

Capital Markets Brightening

THE MINI DEAL SHEET

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