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Billion-Dollar Deals Reshape NYC Real Estate | Real Estate News

Billion-Dollar Deals Reshape NYC Real Estate | Real Estate News

Published 1 month, 1 week ago
Description

Three billion dollars in real estate loans hit the market last month, with prime Manhattan deals dominating — including a jaw-dropping $1.8 billion refinancing of 9 W. 57th St. — while the city pushes forward with massive conversions like Apollo’s $420 million turn of 61 Broadway into 780 apartments, and Bronx logistics hubs getting big cash infusions to fuel last-mile delivery. Money’s still flowing — even as offices struggle, investors are betting on adaptive reuse and high-demand zones.

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