
LISTEN: The exodus of wealthy tenants at a UES mainstay
New York City real estate lore is full of stories about rent-stabilized tenants battling for a big payday when a developer swoops in to alter a building. The same story isn’t often told about luxury tenants on the Upper East Side. But tenants of 800 Fifth Avenue are facing a move-out predicament aft

Naftali, Blavatnik snag $374M refi for Williamsburg Wharf 
More money is flowing towards Williamsburg Wharf, Miki Naftali and Len Blavatnik’s master-planned project along the Brooklyn waterfront. Naftali Group and Blavatnik’s Access Industries secured a $374 million refinancing from Barings, the investment arm of MassMutual. The loan is going towards the p

Long-operating Garden State REIT calls it a day
The retirement age for receiving full benefits from Social Security is 67 years old. The First Real Estate Investment Trust of New Jersey is just shy of that age and is ready to call it quits. The Garden State REIT announced its plan to liquidate last week, Bisnow reported. The voluntary liquidation
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