Metro Loft, David Werner near nabbing record loan for Pfizer HQ conversion 

May 1, 2025 / no comments

Metro Loft and David Werner’s high-profile conversion of Pfizer’s former headquarters building in Midtown Manhattan may have yet another record to boast. Madison Realty Capital is finalizing a loan north of $700 million to the partners for their project at 235 East 42nd Street, The Promote reported. The construction financing would represent record financing for […]

This article originally appeared on The Real Deal. Click here to read the full story.

StreetEasy to boot agents from specialty tools over private listings

May 1, 2025 / no comments

StreetEasy has hurled the latest rock in the ongoing battle over private listings. The Zillow-owned listing platform will shut off agent access to widely-used programs like StreetEasy Experts, StreetEasy Concierge and Zillow Premier Agent for New York City agents found publicly-marketing listings to select groups of consumers.  The new guideline includes marketing listings through an […]

This article originally appeared on The Real Deal. Click here to read the full story.

Harry Macklowe asks for mercy from East Hampton authorities

May 1, 2025 / no comments

Harry Macklowe is looking to work with local authorities to resolve the obstacles in his attempts to sell his East Hampton home.  The billionaire developer submitted an application to be reviewed by the village’s zoning board of appeals regarding the status of 64 West End Avenue, according to the East Hampton Star. Should the village […]

This article originally appeared on The Real Deal. Click here to read the full story.

Office rebound continues: Manhattan leasing on track for best year since 2000

May 1, 2025 / no comments

Manhattan’s office leasing market remains on the up and up. Coming off the strongest first quarter since 2019, tenants inked deals for 3.38 million square feet in April, up 23 percent year over year, according to a new Colliers report. Although leasing volume was down from March, the availability rate continued to tighten, dropping from […]

This article originally appeared on The Real Deal. Click here to read the full story.