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Duke Realty Rejects Prologis' $24B Takeover Offer
News

Duke Realty Rejects Prologis' $24B Takeover Offer

... moves in Europe. In March, it made a bid for Blackstone-owned urban logistics business Mileway, offering more than €21B ($23B ...

May 10, 2022
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575 Fifth Ave. Hits The Market For $400M
News

575 Fifth Ave. Hits The Market For $400M

... near Central Park, for $445M from Oxford Properties. Last month, Blackstone acquired a 49% stake in One Manhattan West, valuing the ...

Apr 21, 2022
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Marx Realty's 155 East 44th St. property, May 2021.
News

This Week's N.Y. Deal Sheet

... Laurence Briody handled the deals for Park Tower Group. *** Blackstone tripled its 100K SF footprint at 601 Lexington Ave to ... NYC for its global headquarters as its workforce grows. Blackstone was represented by Newmark in the transaction. Landlord Boston ...

Apr 19, 2022
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Blackstone Expands By 200K SF At Boston Properties’ Midtown Tower
News

Blackstone Expands By 200K SF At Boston Properties’ Midtown Tower

Blackstone is making a major expansion of its Manhattan ... there are questions about older, Class-B office buildings. Blackstone itself handed back the keys to its lender at 1740 ... Newmark brokered the deal at 601 Lexington Ave. for Blackstone, per Bloomberg.

Apr 15, 2022
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PODCAST: Lenders May Be Avoiding Office Deals Right Now, But That Won’t Go On Forever
News

PODCAST: Lenders May Be Avoiding Office Deals Right Now, But That Won’t Go On Forever

... around the office sector in recent weeks, as investment giant Blackstone handed back the keys to the building at 1740 Broadway ...

Apr 10, 2022
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chicago skyline
News

Moody's: Some Office, Hotel Loans Are Redefaulting In Warning Sign For Market

... report pointed to 1740 Broadway in New York City, where Blackstone turned over the keys to the property to the special ...

Apr 04, 2022
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Blackstone In The Market For A 1.5M SF Manhattan Office
News

Blackstone In The Market For A 1.5M SF Manhattan Office

... considering redeveloping an existing building. Both Blackstone and Rudin declined to comment. Blackstone has about 1.1M SF of offices ... moving to 55 Water St. in 2020. A Blackstone spokesperson told Commercial Observer that that particular asset is facing ...

Mar 25, 2022
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Blackstone Calls It Quits On 1740 Broadway, Hands Keys To Lender
News

Blackstone Calls It Quits On 1740 Broadway, Hands Keys To Lender

... servicer Green Loan Services to manage the financing deal. Blackstone has extensive Manhattan holdings, and the decision to hand ... all parties involved, including our investors and lender,” a Blackstone spokesperson said of the building. “The vast majority of ...

Mar 22, 2022
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Top Capital Markets Broker Sues JLL, Claiming Retaliation After Cancer Diagnosis
News

Top Capital Markets Broker Sues JLL, Claiming Retaliation After Cancer Diagnosis

... of the country's largest capital markets deals, such as Blackstone's $640M sale of 5 Bryant Park in Manhattan to ...

Mar 16, 2022
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Fried Frank's Michael Werner, Brookfield's Ben Brown, Developer Michael Shvo and Silverstein Properties CEO Marty Burger at Bisnow's New York City State of the Market event Dec. 16, 2021.
News

'We're Recovered': Silverstein, Brookfield Execs On The Rush Of Investment Back Into NYC

... in its recently completed office building, One Manhattan West, to Blackstone at a $2.85B valuation, a deal Brown alluded to ...

Jan 07, 2022
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