The Georgetown Company has announced a new $410 million financing package for their recently completed office building at 787 Eleventh Avenue. According to the company, the investment from Societe Generale (SocGen) replaces a $350 million construction loan from the Blackstone Group, Goldman Sachs, and ICBC.
YIMBY has word that Tishman Speyer has finalized lease agreements for all 1.2 million square feet of its recently completed office development known as “The JACX,” in Long Island City. While the property has not officially debuted, the building’s list of tenants includes Macy’s, Inc., New York-Presbyterian, Bloomingdale’s, WeWork, and a primary care practice operated by Weill Cornell Medicine.
In an exciting new partnership, The Armani Group and SL Green will fully redevelop 760 Madison Avenue to include a collection of luxury residences and a new flagship Giorgio Armani boutique.
In a recent announcement, The Village of Pelham granted approvals for the proposal of a new mixed-use property near the Pelham Metro-North Station in White Plains, New York. Located at 101 Wolfs Lane, the complex arrives from MartriArch Development, whose headquarters are also located in the area.
After nearly a century of development, the MTA debuted phase one of its Second Avenue expansion in 2017. The surrounding Upper East Side community has since experienced a flurry of new residential, retail, and commercial developments that now have access to a dedicated subway line. Developed by Icon Realty Management, 301 East 81st Street, also known as 1562 Second Avenue, is one of many forthcoming projects in the area. Today, YIMBY has new renderings for the tower, and the updated plans now include a two-story addition compared to the original illustrations.
