The Chinese-American Planning Council, Gotham Organization, and city and state leaders celebrated the grand opening of CPC One, a mixed-use development located at 45 Suffolk Street on the Lower East Side of Manhattan.
Permits have been filed for a five-story residential building at 13 East 128th Street in Harlem, Manhattan. Located between Madison Avenue and Fifth Avenue, the lot is near the 125th Street subway station, serviced by the 4, 5, and 6 trains. Jonathan Nasimi is listed as the owner behind the applications.
L&L Holding Company has secured $911 million in refinancing for 425 Park Avenue, an office skyscraper in Midtown East, Manhattan. Sumitomo Mitsui Trust Bank led the refinancing as the principal lender, with the new five-year floating rate loan intended to replace a similar-sized loan from 2021 that supported the tower’s final construction and leasing activities.
Renovations are complete on 51W52, also known as Black Rock, an office building at 51 West 52nd Street in Midtown Manhattan. Harbor Group International completed the $128 overhaul of the 38-story structure, which was originally designed by Eero Saarinen as the headquarters for CBS and yields 900,000 square feet of interior space.
