Durst Secures $1 Billion Loan for Eight Office Towers
The Durst Organization this week closed on a $1 billion credit line that will help finance its major development projects.
Date 2017-08-23
Author Linda Barr O'Flanagan
WNYW, WWOR To Broadcast From One WTC
Fox-owned WNYW and WWOR New York will move their broadcast facilities from the Empire State Building to One World Trade Center, effective in early 2018, it was announced Wednesday.
Date 2017-08-23
Author Mark K. Miller
Durst Lands $1bn in Financing for NYC Portfolio
Rosenberg & Estis, P.C. has represented The Durst Organization as legal counsel in a $1 billion financing package from multiple lenders on a group of eight Class A office towers. The instruments provide $600 million in first mortgage debt on five Manhattan Durst properties and a $400 million credit line.
Date 2017-08-17
LEASES: Durst Org and Port Authority Sign Energy Firm at OneWTC, Winter Properties Signs Four New Tenants at 3 E. 28th St
The Durst Organization and The Port Authority of New York and New Jersey announced Energy Capital Partners has signed a 10-year lease for 6,173 s/f on the 48th floor of One World Trade Center.
Date 2017-08-17
Bow and Romeo of Durst Org. Negotiate 47,756 s/f at 4 Times Sq.; Goldmacher of NKF Acts for Tenant, HedgeServ
According to The Durst Organization, HedgeServ Corp. has signed a 10-year lease for 47,756 s/f on the entire 8th floor of 4 Times Sq. The transaction also includes access to an additional 5,700 s/f terrace overlooking Times Sq. HedgeServ will be relocating from its offices at 1271 Avenue of the Americas.
Date 2017-08-15