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NYC Apartment Tower Gets 16% Bump in Valuation in Latest Deal
(Bloomberg) -- The owner of New York City’s 685 First Ave. refinanced and recapitalized the apartment building in a deal that values the tower at $450 million, a 16% increase from its 2022 sale ...
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NYC Owner of 9 West Tower Eyes New Billionaires’ Row Development
(Bloomberg) -- Soloviev Group has long owned the Manhattan office tower at 9 West 57th St., famous for its pricey rents and list of major financial tenants including Apollo Global Management Inc ...
Universal Music Nears Deal for Offices at NYC’s Penn 2
Universal Music Group NV is in talks with Vornado Realty Trust to take office space at the landlord’s newly upgraded PENN 2 tower in Manhattan, according to people with knowledge of the ...
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Brooklyn Rental Tower to Set New Record in Sustainability Push
A New York developer is unveiling plans for an apartment tower in downtown Brooklyn that will far exceed city and state energy-efficiency standards and be the tallest building of its kind in the ...
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Apollo Lends $275 Million for Luxury NYC Wall Street Apartments
(Bloomberg) -- Apollo Global Management Inc. provided a $275 million loan to refinance a pair of apartment towers in Manhattan’s financial district. The two-building complex at 63-67 Wall St. has been ...