Articles of the week ending April 17th
Busy at the airport_ WeWork wants you to pop into a pod
By Andria Cheng, CoStar News
WeWork is launching WeWork Go, compact office pods in airports and busy venues to meet growing demand for private, on the go workspaces in a hybrid work era.
Rithm Capital To Refinance Paramount Group Tower For $282.5M
By Ciara Long, Bisnow
Rithm Capital is refinancing a Midtown Manhattan office tower at 1325 Sixth Avenue with a $282.5 million CMBS loan from JPMorgan Chase as part of its broader integration of Paramount Group following its $1.8 billion acquisition.
Sovereign Partners, HudsonPoint Capital to Buy 575 Fifth Avenue for Roughly $385M
By Lois Weiss, Commercial Observer
Sovereign Partners and HudsonPoint Capital are under contract to acquire the 575 Fifth Avenue office tower in Midtown Manhattan for about $385 million from Beacon Capital Partners and MetLife.