WatermanClark and Brookfield Properties have revealed new renderings of an open-air amenity deck and hospitality suite at the Historic Lever House in Midtown East, Manhattan. Located at 390 Park Avenue, the amenity deck is the latest phase of an ongoing renovation project to repair and enhance the high-rise office tower.
An affiliate of GFI Capital Resources has secured $195 million in refinancing for The Beekman, a historic landmarked hotel in Manhattan’s Financial District. The deal included a $130 million senior loan with Bank OZK arranged by Newmark and a $65 million subordinate financing raised from bond investors on the Tel Aviv Stock Exchange.
An extensive renovation of the historic ‘Lever House’ in Midtown East officially kicked off this week. Valued at $100 million, the project aims to transform and modernize the commercial property into a boutique office tower, while also restoring areas of the building that have not withstood the tests of time.
Mayor Bill de Blasio recently announced a $40 million allocation of funds to restore the historic Children’s Pool and the former Rose Garden in Prospect Park’s Vale of Cashmere. The capital fund is the largest single allocation for maintenance, upkeep, and restoration since 1867, when Brooklyn’s most historic park first opened to the public.
The Public Theatre has partnered with the Central Park Conservancy and the New York City Parks Department to complete extensive renovations at the Delacorte Theatre. Located in Central Park, the historic theatre was completed in 1962 and has not undergone significant capital improvement since 1999.
