Rudin Offloads Former AIG Headquarters for $160M to Bushburg
Bushburg plans to convert the skyscraper's offices into residential units.
Source: commercialobserver.com
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Hudson Yards $12B casino hits major roadblock as NYC civic leaders push back over housing getting slashed
The Related Companies/Wynn Resorts proposal to build a casino in Hudson Yards is running into opposition from local civic leaders who object to sacrificing promised housing for a gaming facility.
Source: nypost.com
NYC Housing Development Corp. Pays $52.7M for 120 Broadway Commercial Condo – Commercial Observer
HDC paid $52.7 million to make its 109,000-square-foot office at the 40-story tower between Pine and Cedar streets its permanent home.
Source: commercialobserver.com
Developer behind SHoP-designed The Brooklyn Tower is facing foreclosure on $240 million loan
Michael Stern, the developer of SHoP’s new The Brooklyn Tower (also known by its address at 9 Dekalb Avenue), is facing foreclosure over a failure to pay a $240 million loan that was extended by Silverstein Properties in 2019 to complete the 93-story project, according to reports from The...
Source: archinect.com
AI-Powered Consulting Firm Ekimetrics Moving to 120 Broadway
Ekimetrics signed a 10-year lease for 24,367 square feet on the 29th floor of 120 Broadway, landlord Silverstein Properties announced.
Source: commercialobserver.com