By Betsy Kim
Real estate experts share tips on getting the highest return on investment when re-purposing old buildings.
NEW YORK CITY—How do developers decide to buy and repurpose a building or demolish it and build from the ground up? … Read More
News
These were the largest Manhattan real estate loans in November
Foreign debt predominated the month’s biggest lending deals
By Will Parker
When big-time property owners need a loan the world is their oyster. And the largest loans recorded in Manhattan this November make abundant use of that world.
This month’s … Read More
Never leave the office: Why owners are adding “third spaces” to the workplace
Developers are incorporating outdoor spaces and cafés for their tenants
By Kathryn Brenzel
When completed, the massive mixed-use development known as Hudson Yards will be a city within a city. It’s designed with the idea that residents can live, work, … Read More
Why More Real Estate Companies Are Getting Into the Tech Game
Over the weekend of Oct. 13 through Oct. 15, the Real Estate Board of New York hosted its inaugural hackathon, which brought teams from 40 different organizations together to compete for who could develop the best app to address real … Read More
Cove Property Group Obtains $479M in Construction Financing for 25-Story Office Tower in Manhattan
By Nellie Day
Hudson Commons will comprise a 17-story structure atop an existing eight-story building. The development will feature 14 private terraces and balconies and onsite basement parking for up to 140 vehicles.
NEW YORK CITY — Cove Property Group … Read More
Rendering Revealed For 17-Story Addition To 441 Ninth Avenue, Hudson Yards
YIMBY’s last report on 441 Ninth Avenue was back when The Cove Property Group and hedge fund Baupost Group purchased the site. The two companies have now released a rendering, and information about plans that triple the floor count. Rentable … Read More
Kevin Hoo secures $479M loan for 441 Ninth expansion
Kevin Hoo’s Cove Property Group has landed a $479 million construction loan for its project at 441 Ninth Avenue in Hell’s Kitchen.
The financing for Cove’s Hudson Commons office project comes from private equity firm Apollo Global Management, according to … Read More
Cove Lands $479M Construction Loan for Hudson Yards Office Tower
Cove Property Group and its equity partner, Boston-based hedge fund Baupost Group, have secured a whopping $479 million non-recourse loan for construction at 441 Ninth Avenue, which they will rebrand as Hudson Commons, Commercial Observer has learned.… Read More
HFF announces $479M construction financing for the development of Hudson Commons in Manhattan
Holliday Fenoglio Fowler, L.P. (HFF) announces the $479 million construction financing for Hudson Commons, a 25-story, 701,364-square-foot trophy office building in the Hudson Yards/Penn Plaza submarket of Manhattan.
The HFF team worked on behalf of Cove Property Group and an … Read More
Lower Manhattan Gets First Full-Service Office Building
Reimagined by Cove Property Group and Bentall Kennedy and serviced by Convene, the 480,000-square-foot 101 Greenwich is nearly ready to welcome its first tenant.
Cove Property Group and Bentall Kennedy are ready to wrap up the redevelopment and repositioning work … Read More
