News

The owners, an Abu Dhabi government fund and Tishman Speyer Properties, have put the Midtown office tower on the market.

Hudson River Trading will stay at the World Trade Center, leasing 136,000 square feet at their new offices.

As a capital markets team, Pergola and Doherty have been involved in combined transactions totaling more than $8 billion.

The Chetrits have purchased 100% of the Midtown East building from HNA and minority interest holders MHP and ATCO.

The 119,680-square-foot building, which is located at 97971 Green Park Industrial Dr., was sold by an affiliate of private equity group Mohegan Capital.

“With the sale of The Warner Building we have closed over $760 million of asset sales and recapitalizations.”

Construction is to begin this month, with substantial completion expected by the fall of 2020.

In a statement released to Globest.com on the deal, GDC stated the company determined “the Bridgeport properties do not align with GDC's strategic focus on development in its primary market, which is Westchester County and the Hudson Valley.”