Author name: Rob Sattler

Articles of the week ending January 17th Touro University buys NY College of Podiatric Medicine for $42M _ Crain’s New York Business​ By C.J Hughes, Crain’s New York Business​ Touro University has acquired the New York College of Podiatric Medicine’s Harlem property for $42 million, expanding its footprint and student body as part of its […]

Articles of the week ending January 10th News _ Historic office building on Manhattan’s Park Avenue sells at 40% discount​ By Andria Cheng, CoStar News​ Williams Equities acquired the historic 470 Park Ave. S office building in Manhattan for $147.5 million, a 40% discount from its previous sale price, and plans further renovations to enhance

Articles of the week ending January 3rd Two Park Avenue Office Towers Change Hands in End-of-2024 Deals​ By Connect CRE​ Munich Re acquired full ownership of 320 Park Ave. for an estimated $500 million to $525 million, while Haddad Brands purchased 2 Park Ave. for $360 million in significant Manhattan office transactions. RXR, SL Green,

Articles of the week ending December 20th Top Office Leases of NYC November 2024​ By TRD Staff, The Real Deal​ The New York office market saw significant activity in November, highlighted by major leases from firms like Ropes & Gray, TPG, Apple, and Verizon, indicating a strong demand for space as the year concludes. Times

Articles of the week ending December 13th SL Green Refinances 100 Park, Set to Buy Partner’s Interest​ By, Holden Walter-Warner The Real Deal ​SL Green has refinanced its debt at 100 Park Avenue, extending the mortgage maturity to December 2027 with an additional $70 million, while also securing a significant 220,000-square-foot lease with Alvarez &

Articles of the week ending December 6th This Week’s N.Y. Deal Sheet_ Vornado Lands New Deals With Apple, Amazon (December 12, 2024)​ By Ciara Long, Bisnow​Vornado Realty Trust secured significant leases with tech giants Apple and Amazon, while other notable transactions included Winston & Strawn renewing its lease at 200 Park Ave. and various deals

Articles of the week ending November 29th News _ Why a tech firm that can help companies work remotely is leasing more offices​ By Katie Burke, CoStar News​ Monday.com is significantly expanding its office spaces worldwide to create attractive environments that encourage in-person collaboration and accommodate its rapidly growing workforce, despite being a company that

Articles of the week ending November 22nd Floyd Mayweather Jr Buys Office Buildings With 601W Companies​ By Suzannah Cavanaugh, The Real Deal​ Floyd Mayweather Jr. is making significant real estate investments, including a partnership with 601W Companies, betting on a post-pandemic office recovery and looking to reposition assets and acquire distressed properties in major cities.

Articles of the week ending November 15th Real-Estate Scions Are Breaking a Cardinal Rule_ Never Sell​ By Peter Grant, Bloomberg​Multigenerational real estate families in New York City, traditionally committed to never selling their properties, are now facing the harsh realities of a declining office market and are making emotionally difficult decisions to sell long-held assets

Articles of the week ending November 8th What EV Charger Mandate Means for NYC Parking Garages​ By Erik Engquist, The Real Deal​ Landlords are facing a growing mandate to install EV chargers in garages, which presents significant infrastructure challenges and costs, but also represents an essential amenity for attracting tenants as the demand for electric