
ESRT eyes $150M for Garment District office building
Empire State Realty Trust is looking to sell an office building in the Garment District — the latest in a string of sales as the company prioritizes where it’s putting its money. The Tony Malkin-led REIT put the nearly 500,000-square-foot building at 501 Seventh Avenue on the market, The Real Deal h

Letitia James scores first conviction under deed theft law
New York is on the board with its first conviction under the state’s criminal deed theft law. Victor Quimis pleaded guilty to stealing the home of Renuka Bherwani, an elderly widow who lived in Kew Gardens Hills, Queens, the New York Attorney General’s Office announced. The charges Quimis faced incl

Aya New York lands $104M loan, exits Israeli bond market
Amir Shriki’s Aya New York has closed a $104 million refinancing with Citibank, completing its exit from Israel’s bond market and returning to traditional bank financing. The loan is secured by two Manhattan multifamily properties: the 151-unit Renoir House at 225 East 63rd Street on the Upper East
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