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The biggest office leases, building sales and financing transactions in New York City.
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Pebblebrook Hotel Trust has made a 'final merger proposal' to buy LaSalle Hotel Properties for $32.49/share, up from its last offer of $31.75/share.
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Vornado has formed an agreement to sell its 49.5% interest in 666 Fifth Ave. to Kushner Cos.
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The big just keep on getting bigger, and Blackstone takes the cake.
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Landlords are using more tech to improve the tenant experience and develop better market intelligence.
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WashREIT has sold the West End office building that The Advisory Board will soon vacate to Beacon Capital Partners for $101.6M.
With the Soundview route extending NYC Ferry service to the Bronx this year, real estate in the eponymous neighborhood is primed for a development boom.
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JPMorgan Chase acquired the Bowen Building, which law firm Paul Hastings will soon vacate, and plans to open its regional headquarters in the building.
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Infrastructure fundraising was up in Q3; not so much in real estate.
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Greenwich, Connecticut-based Wheelock Street Capital bought the Hyatt Regency Dulles for $47.1M, 36% less than what Thayer Lodging bought it for in 2008.
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