Newmark, a global real estate services company, has successfully arranged $175 million in capitalization to facilitate a major renovation of 45 East 53rd Street in Midtown, Manhattan. Located in the Plaza District, the building once operated as the New York headquarters for Santander Bank, but sold in April to ZG Capital and Rialto Capital Management.
Laurel Road is the latest office tenant to join Zero Irving, a 21-story mixed-use tower at 124 East 14th Street near Union Square in Manhattan. The digital financial services company will occupy a 15,240-square-foot suite on the building’s 11th floor.
Tishman Speyer has announced chef Erik Ramirez and Juan Correa, the team behind critically acclaimed restaurants Llama San and Llama Inn, will bring a new dining concept to The Spiral at 66 Hudson Boulevard. Located in Hudson Yards, the new restaurant will occupy the ground floor of the tower on the northwest corner at Tenth Avenue and 34th Street.
Developers and elected officials recently celebrated the commencement of construction for Valley National Bank’s new headquarters in Morristown, New Jersey. From SJP Properties and Scotto Properties, the new office building will accommodate more than 660 employees and is expected to debut in spring 2023.
The Rudin Family has closed on a $415 million refinancing deal to complete a multi million-dollar capital improvement program at 3 Times Square in Midtown, Manhattan. Often referred to as the Thomson Reuters Building, the scope of work includes the creation of a new three-story lobby, touchless entry and elevator systems, upgraded elevator cabs, and a new amenity deck on the 16th floor.
