The REIT acquired the Frank Gehry-designed property, which features a 44-foot tall binoculars statue, for about $18 million about 30 years ago.
Development and investment firm Naftali Group has agreed to buy the 33-story luxury apartment building at 800 Fifth Avenue for more than $800 million.
13th Floor Investments and Midtown Equities have unveiled their plans for a condo and hotel development along Miami Beach’s coast branded by Casa Cipriani, the exclusive members-only club from New York.
Gary Barnett’s Extell Development has finally hit landfall in his decade-long pursuit of owning the full block of Fifth Avenue between West 46th and West 47th streets.
Miami-based Pilates studio JetSet Pilates is set to open its first Brooklyn location in Boerum Hill this spring.
Luxury fashion brand Chanel may join the likes of Kering and Prada in owning their own piece of New York City real estate.
Onia is ready to make a splash at a new office.
BDT & MSD Partners supplied financing for 222 Broadway project.
Developers seek to recoup $20 million investment in the DTLA mixed-use development.
Miami firm sold the South Beach commercial building to River Oaks for $16M gain in two years.
Eyes on industry-heavy cabinet, housing and economic policies in White House return.
Council greenlit rezoning of 56 acres, site plan for phased project with 20-story towers.
Activity declined in the fourth quarter but vacancy remains tight.
Bank pruned at-risk CRE loan book, alluded inflation could impede further cuts.
Prologis, led by Hamid Moghadam, sold the four-building complex.
Developers have nearly two dozen projects in the works with more than 3,900 units.
Tri-county region’s highest performing commercial submarket is starting to experience some turbulence.
Two eight-story buildings would replace parking lots at 32-acre office and retail campus.
CMBS loans tied to more than 150 assets, mostly apartments, as flames continue their march.
Top 10 sales ranged from $570K to $2.8M.
Fourth quarter marks the best three months since 2020, with 3.9M sf in deals.
Movie studio to move headquarters to a century-old campus owned by CIM Group.
Prices at eight-story, 194-unit project start at $1.5M.
84-year-old is redefining both city’s skyline and playing a role in sculpting its future.
Seller Market Street Real Estate Partners’ loan on the property was set to mature next month.
Doral-based firm acquired warehouse in its home city for $26M.
Lakeland-based grocery chain has acquired six shopping centers anchored by its stores in eight-month span.
From Hollywood to Silicon Beach, lenders took back assets from landlords.
Boca Raton planning board greenlit 500 new apartments, 43K sf of retail and restaurant space and a 36K sf gym.
Rates likely to fall below historical norms; over last half century they were typically 7.7%.