Here's what the $10M-$20M NYC Investment Sales Market Looked Like Last Week
In the world of mid-market New York City investment sales last week, The Durst Organization picked up two East Harlem lots for $18 million and Bushberg Properties sold a Brooklyn development site for seven times what they paid for it.
Date 2017-07-24
Author Chava Gourarie
Durst Secures $1B Loan Package From Group Led by Citi’s Private Bank
The Durst Organization secured a $1 billion financing package from a group of lenders led by Citi Private Bank, with plans to potentially use some of the money for acquisitions.
Date 2017-07-13
Author Konrad Putzier
Secret App Allows You to Change the Colors of the NYC Skyline
Spireworks founder Mark Domino on how his app allows participants to change the colors of two Manhattan skyscrapers.
Super-Secret Spireworks App Lets Select New Yorkers Change Skyline Colors
Whether from afar or within or from the street or a tony penthouse in the sky, there is no feeling quite like seeing New York City’s iconic skyline, especially at night. But imagine if you could control the glittering lights of just one of those buildings — or even two.
Date 2017-07-13
Author Nikki M. Mascali
Commercial Observations: Durst in Show
Commercial Observer sits down with Douglas Durst to discuss the story behind the infamous debt clock at One Bryant Park, how The Durst Organization is attracting tenants to its Midtown properties and if the Financial District has reached its saturation point.
Date 2017-07-12
Author Commercial Observations