BNY Mellon Eyeing 1 WTC
Insiders confirmed that BNY Mellon has expressed interest to the PA regarding 1 WTC, but was told to hold off until the PA completes a prospective partnership deal with Douglas Durst. Sources emphasized that the BNY Mellon scenario is merely in the talking stage -- "but it's a very plausible idea," a downtown insider said. "All of a sudden, with Durst involved, 1 World Trade looks like a hot commodity."
Date 2010-07-13
Author Steve Cuozzo
Durst, Onetime Critic, Wins Bid for Stake in 1 WTC
The Durst Organization won the right to be an equity partner with the Port Authority of New York and New Jersey in 1 World Trade Center, the 1,776-foot tower under construction at the Ground Zero site in lower Manhattan.
Date 2010-07-08
Author David M. Levitt
Durst refinances Bank of America Tower
A $1.3 billion closing could be seen as a hopeful sign for rest of still-frozen commercial mortgage-backed securities market.
Date 2010-07-08
Author James Comtois
The Durst Organization Announces $1.3 Billion Refinancing of the Bank of America Tower at One Bryant Park
Largest Single-Asset CMBS Financing Since 2008
Durst Selected to Buy Stake in One World Trade
Douglas Durst, the taciturn scion of a three-generation real estate empire, has been selected to buy a stake in One World Trade Center, besting in a bidding contest Stephen Ross, the aggressive developer who chairs Related Companies.
Date 2010-07-07
Author Eliot Brown
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