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Rich Bockmann
Verified
Commercial Bureau Chief and Reporter, The Real Deal
New York
Beats
Content
By Rich Bockmann Verified| The Real Deal Verified Larry Silverstein withdrew his application for a $3.7 billion loan to develop 2 World Trade Center from a federal program designed to finance rail infrastructure improvements. Scott Rechler and the Elghanyans applied to the same program for $4.8 billion to finance their supertall office/hotel tower at 175 Park Avenue. Given that Silverstein boasted about the funding strategy less than a year ago, the move could hint at complications in securing the low-cost funds.
By Rich Bockmann Verified| The Real Deal Verified Brookfield is looking to sell the home of Soho’s Eataly market at a price tag of $40 million. The company put the two-story retail condo at 200 Lafayette Street up for sale, according to an offering memo. The nearly 30,000-square-foot condo is leased to Eataly on the ground and basement floors, and Moncler leases a bit more than 11,000 square feet of office space on the second floor. A representative for Brookfield did not immediately respond to a request for comment.
By Rich Bockmann Verified| The Real Deal Verified Larry Silverstein withdrew his application for a $3.7 billion loan to develop 2 World Trade Center from a federal program designed to finance rail infrastructure improvements. Scott Rechler and the Elghanyans applied to the same program for $4.8 billion to finance their supertall office/hotel tower at 175 Park Avenue. Given that Silverstein boasted about the funding strategy less than a year ago, the move could hint at complications in securing the low-cost funds.
Company Info
The Real Deal
The Real Deal is a leading media company that specializes in real estate news and information. Founded in 2003 by Amir Korangy, it is headquartered in New York City and focuses on markets in New York, South Florida, and Los Angeles. The company is recognized for its comprehensive coverage of the residential, commercial, and development sectors within the real estate industry. The Real Deal offers a variety of services aimed at empowering real estate professionals. These include breaking news and analysis, market intelligence, custom research reports, proprietary rankings, and detailed deal analysis. The company also produces key products such as the Annual Data Book, which provides extensive data on real estate markets, and TRData, a research platform that offers biographical information on real estate professionals, property details, and market reports. The Real Deal serves a highly educated audience, primarily consisting of real estate professionals.
New York, New York, United States
+1 212-260-1332
Founded: 2003