City pauses work on yet another office-to-resi conversion
The Department of Buildings issued a partial stop-work order at 750 Third Avenue, at least the third office-to-residential conversion subject to a pause since this month’s scare at the former Pfizer headquarters. The city called for a stop to “all structural steel work” on the ninth floor and above
BXP lands $1.2B construction loan at 343 Madison
A highly anticipated office development snagged a fresh round of debt, totaling in the billions. BXP scored a $1.2 billion construction loan for its development at 343 Madison Avenue next to Grand Central Terminal, the company disclosed in its second-quarter earnings report. The loan carries a 2.5 p
Trump envoy, notorious model agent faces rental heat at townhouse
Paolo Zampolli’s Gramercy Park townhouse has long doubled as a calling card, showcasing the Trump administration official’s diplomatic credentials, celebrity ties and globe-spanning ventures. Today, the property is drawing attention for another reason: allegations that it has quietly operated as an
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