NYC Grants $100M in Tax Breaks to Two Struggling Manhattan Office Buildings – Commercial Observer
NYCIDA approved two tax abatements totaling nearly $100 million for two struggling office properties at 850 Third Avenue and 175 Water Street.
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NYCIDA approved two tax abatements totaling nearly $100 million for two struggling office properties at 850 Third Avenue and 175 Water Street.
Vaco signed a 10-year lease for 6,606 square feet on the 16th floor of 420 Lexington Avenue.
Three firms — Ninth Wave, Levco Capital and William Macklowe Company — led a wave of new leases at 950 Third Avenue.
Ship Essential is shipping out of Manhattan for a new fulfillment center inside Liberty Bklyn.
HOBOKEN, NJ - Prime City, a vertically integrated, private real estate company, has just closed on a $7.5 million construction loan for the development of a four-story, 31-unit apartment community in Long Branch, New Jersey. Manasquan Bank provided the 2- year floating rate loan. The project began demolition of the existing building in February and will host an official groundbreaking ceremony in April. Located at 20 Third Avenue, the development will be built on a half-acre site, offering...