Atlantic Realty signs $102.6M refi with Northwestern Mutual for 337-unit rental in Penn Plaza
Atlantic Realty Development Corporation through the entity Tower 111, LLC as borrower signed a refi
Vornado Realty Trust
$16.5M rehab construction loan from Be Aviv for 166-unit conversion in Garment District
Mendel Fleischman through the entity 35 Garden LLC as borrower signed a rehab construction loan
Namdar’s $275M purchase of office in Midtown West from ESRT is recorded
Namdar Realty Group through the entity Fifty Seventh 8th Realty LLC paid $275 million to
Northwell Health pays $229.6M to Vornado for mixed-use in Rego Park
Northwell Health paid $229.6 million to Vornado Realty Trust through the entity Alexander’s Rego Shopping
Vornado, Aurora sign $161M refi with UBS for two office properties in Chelsea
Vornado Realty Trust and Aurora Capital Associates through the entity 61 Ninth Avenue Development LLC
Vornado pays $12M to McDonald’s in Garment District, may expand adjacent 475-unit dev site
Vornado Realty Trust through the entity 265 West 34th Street Owner LLC paid $12 million
Vornado signs $250M refi with Chase, Bank of America for office in Garment District
Vornado Realty Trust through the entity VNO 7 West 34th Street Property LLC as borrower
Vornado signs $300M refi with Vornado affiliate for retail in Midtown East
Vornado Realty Trust through the entity 731 Commercial LLC as borrower signed a refi loan
HUD’s Section 8 subsidizes $9K monthly rents at Vornado’s Independence Plaza
Federal government pays millions to landlords above regular subsidy caps HUD dollars bridge conflicting policy