Brookfield Real Estate Financial Partners has provided a $272.5 million construction loan for a major office-to-residential conversion project at 160 Water Street in Manhattan’s Financial District. The 530,000-square-foot building will eventually debut as a 588-unit rental property.
Cushman & Wakefield
400 Capital Management, a global credit asset manager, is the latest company to join 660 Fifth Avenue in Midtown, Manhattan. The company’s office will occupy more than 25,000 square feet on the building’s 27th floor beginning August 2024.
Macquarie Group, a global financial services company, is the latest to join an expanding roster of new commercial tenants at 660 Fifth Avenue in Midtown Manhattan. As the tower’s anchoring tenant, the firm will occupy 221,764 square feet, spread across six floors, in addition to having a private lobby entrance on both the first and second floors, 30,000 square feet of private outdoor space, and top of building signage.
Long Island City will soon be home to a new 208,000-square-foot lab and research facility at 43-10 23rd Street. The existing seven-story office building was acquired by Longfellow Real Estate Partners, which has partnered with Sculptor Real Estate for a ground-up redevelopment of the property.
Private equity firm Snow Phipps is the latest company to join 545 Madison Avenue, a newly renovated office tower in Midtown, Manhattan. Marx Realty, the property owner, worked with Studios Architecture to complete the building’s transformation, which focused on elevating the hospitality aspects of the commercial property.