Articles by Max Gillespie


Photograph of Rockefeller Center, courtesy of Tishman Speyer

Tishman Speyer Secures $3.5B Refinancing for Rockefeller Center In Midtown, Manhattan

Tishman Speyer recently secured a $3.5 billion loan to refinance Rockefeller Center in Midtown, Manhattan. The loan is the largest-ever CMBS issued for a single office asset. Bank of America and Wells Fargo co-led the five-year single asset single borrower loan, which carries a fixed interest rate of 6.2265 percent. The funds will be used to pay off an existing $1.7 billion loan and mezzanine financing due in May 2025, as well as cover leasing costs.

Read More

Rendering of Jasper. Designed by S9 Architecture

Three New Retail Leases Signed for Jasper at 49-20 5th Street In Long Island City, Queens

Three new retail leases were recently signed at Jasper, a mixed-use development located at 49-20 5th Street in Long Island City, Queens. Designed by S9 Architecture and developed by The Domain Companies, LMXD, VOREA Group, and Bridge Investment Group, the structure will span 550,000 square feet and yield 499 residential units and 112 parking spaces. The leases will occupy 6,115 square feet of the building’s 33,340 square feet of retail space.
Read More



Fetching more...