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245 Park Avenue
News

Brookfield Puts 245 Park Ave Up For Sale

... , Major League Baseball, which is moving to 1271 Sixth Ave. Brookfield acquired the asset in 1996 after acquiring Olympia & York Developments ... China in 2010, which was increased to $1B last year.  Brookfield owns a 51% stake in the tower. New York State ...

Nov 10, 2016
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Brookfield: $800M for 245 Park Ave Isn’t Enough
News

Brookfield: $800M for 245 Park Ave Isn’t Enough

... Ave. It has an $800M loan now, and Brookfield’s looking to make it an even $1B. The ... the $200M boost, according to the Commercial Observer. Brookfield and the Bank of China go back a ways: ... bank’s NYC branch to refi Brookfield’s Park Avenue Tower. [CO]

Apr 06, 2015
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Brookfield Teams Up With Park Tower Group on Greenpoint Landing Towers
News

Brookfield Teams Up With Park Tower Group on Greenpoint Landing Towers

Brookfield Property Partners is venturing out to Brooklyn. The office landlord ... shuttle bus to the subway to help draw tenants. Meanwhile Brookfield has increased its inventory from virtually nil five years ago ...

Oct 29, 2015
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Brookfield Pledges Its $3B Manhattan West Tower Will Run Entirely On Renewable Energy
News

Brookfield Pledges Its $3B Manhattan West Tower Will Run Entirely On Renewable Energy

... with electricity generated by hydropower facilities owned by Brookfield Renewables, the Canadian asset management giant announced Monday.  ... reach net-zero emissions by 2050 across Brookfield’s portfolio,” Brookfield Executive Vice President and Head of New ...

Mar 21, 2022
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Brookfield Lands Anchor Tenant For 660 Fifth, Kushner’s Former Albatross
News

Brookfield Lands Anchor Tenant For 660 Fifth, Kushner’s Former Albatross

... enough feathers that Ric Clark, then Brookfield Properties' chairman, defended Brookfield’s deal. “Notwithstanding the constant conspiracy ... McGarry, Carlee Palmer and Kristina Kopans, while Brookfield Properties was represented in-house by Mikael Nahmias, ...

May 16, 2022
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Brookfield Property Chairman Ric Clark Launching New Real Estate Firm
News

Brookfield Property Chairman Ric Clark Launching New Real Estate Firm

... chairman of Brookfield Asset Management's real estate subsidiaries — Brookfield Property Group, Brookfield Property Partners and Brookfield Property REIT ... that this new venture is wholly independent from Brookfield. "My focus with Tod initially is locally," ...

Nov 17, 2020
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Electric Gamebox
News

Brookfield Invests In New Gaming Startup, Plans 1,000 Locations

... owners is betting on experiential retail post-pandemic.  Brookfield Asset Management participated in an $11M funding round ... , California, and Ballston Quarter in Arlington, Virginia.  Brookfield is investing in Electric Gamebox through its $5B Retail ...

Jun 14, 2021
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The Grace Building in Midtown Manhattan
News

Brookfield Raked In Cash From Asset Sales, But Lost $2B In 2020 On Valuation Drops

... average interest rate of about 2%.  For its main businesses, Brookfield said that the situation was improving, pointing to the fact ... , so they are just not making decisions,” he said.  Brookfield also announced that Chairman Ric Clark had left the company ...

Feb 02, 2021
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The Vanbarton Group's 160 Water St., which is slated for conversion to a multifamily building.
News

Brookfield Lends $273M For Lower Manhattan Office-To-Resi Conversion

... Group’s Financial District residential conversion has a financial backer. Brookfield Real Estate Financial Partners has agreed to a $272.5M ...

Aug 31, 2022
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666 Fifth Ave
News

Brookfield Bails Out Kushner at 666 Fifth Ave. With 99-Year Ground Lease Deal

... building in a joint venture agreement. This arrangement, which Brookfield confirmed in a press release Friday, means the Kushner ... fully leased to Amazon, Whole Foods and JPMorgan Chase. Brookfield reportedly plans to invest $600M to renovate 666 Fifth  ...

Aug 05, 2018
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