Charney, Tarvros land $125M Gowanus refi
Charney Companies and Tavros Capital landed a $125 million Freddie Mac loan to refinance the first building in their Gowanus Wharf campus. The developers, along with partner Canyon Partners Real Estate, secured the seven-year, fixed-rate loan for their 224-unit Union Channel building at 240 Third Av
AI startup Clay inks 163K sf lease at SL Green’s 11 Madison
An artificial intelligence startup is taking a big bite of office space at SL Green and Prudential Financial’s 11 Madison Avenue, as the sector continues to snap up prime Manhattan office space. AI company Clay signed a 10-year lease for 163,000 square feet at the 2.3 million-square-foot tower, the
Developer trio pleads guilty in 421a fraud cases
Three developers indicted more than three years ago on criminal charges connected to the 421a tax abatement program pleaded guilty to lesser charges. Mendel Gold, Joel Kohn and Alen Paknoush pleaded guilty to filing a false instrument, Crain’s reported, meaning knowingly giving an inaccurate documen
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