Brookfield Properties recently secured a $750 million long-term loan extension for One Liberty Plaza, a 54-story office skyscraper at 165 Broadway in Manhattan‘s Financial District. The loan was provided by a collection of lenders, including Morgan Stanley.
Vornado Realty Trust recently completed work on Plaza33, a new pedestrian plaza in Midtown, Manhattan. Developed through a public-private partnership with the NYC Department of Transportation, Plaza33 features mature trees, landscaping, stone benches, and colorful chairs and tables. It aims to beautify the neighborhood and provide a connection to transit, amenities, nearby office buildings, and over 70 new food and beverage offerings. The plaza is located at the intersection of 33rd Street and Seventh Avenue.
New York City Mayor Eric Adams and the New York City Landmarks Preservation Commission have announced the designation of the Frederick Douglass Memorial Park in Oakwood Heights, Staten Island, as an individual landmark. Opened in 1935, the park is the only existing non-sectarian cemetery founded by and for New York City’s Black community.
Eight West, a newly launched affiliate company of The Hakimian Organization, recently announced the completion of SOLA, a new mixed-use project located at 72-01 Queens Boulevard in Woodside, Queens. The project was designed by Aufgang Architects and officially opened in June.
EOS Hospitality has assumed management of The William Vale Hotel, a 23-story hotel at 111 North 12th Street in Williamsburg, Brooklyn. The 183-key property opened in 2016 and features 7,300 square feet of indoor event space, including a 4,100-square-foot ballroom. The William Vale is EOS’s first property in the New York City market.
