Midtown’s MONY Tower Snags $480M Lifeline For Luxury Makeover
Yellowstone landed a $480 million construction loan to convert the MONY building at 1740 Broadway into 422 residences with an extensive amenity program. The financing comes from Madison Realty Capital and clears a key hurdle for the Midtown conversion.
L.A. Landlord Drops $28 Million on East Village Dorm Tower
Hawkins Way Capital paid $28M for 81 East 3rd St.; the 13‑story East Village building includes student housing used by the New York Conservatory for Dramatic Arts and market‑rate apartments.
Owning Manhattan Broker Peter Zaitzeff Spills His Summer Survival Guide For Buyers
Peter Zaitzeff told NY1 that May contract activity and a slight easing in rates could spark a summer uptick; practical pre‑approval and bidding tips follow.
Heavenly Hq On The Block: Episcopal Church Puts Midtown Tower In Play
The Episcopal Church said on June 17 it will test the market for its Midtown headquarters at 815 Second Ave, exploring sale or redevelopment options including a possible ground lease for affordable housing.
Midtown Madison Ave Office Tower Scrambles For Loan Lifeline As $60 Million Clock Ticks
Owner of 286 Madison Avenue is in talks to restructure a roughly $60M mortgage as the loan’s August maturity approaches amid elevated office‑loan stress.
Chinatown Jail Showdown As Manhattan Leaders Face Heat Over Demolition
Elected officials and community representatives met June 15 to review demolition and early‑works plans at the former Manhattan Detention Complex, pressing the city for clearer timelines and stronger monitoring.
L.A. Investor Snags $80 Million UWS Dorm, AMDA Stays Put
Hawkins Way Capital paid about $80M for the Stratford Residence Hall at 117 West 70th and signed a long leaseback with AMDA as it plans amenity upgrades. The deal continues the firm’s student-housing push in New York.












