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Paramount Group Plans $250M Facelift for 60 Wall Street


450 West 31st Street, New York, NY 10001 Phone: 212-260-1332
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Largest Manhattan Real Estate Loans of April 2021


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From left: 909 Third Avenue, 79 Fifth Avenue, 240 West 37th Street and 27 East 62nd Street (VNO, Cercone Exterior Restoration, Google Maps)
The 10 largest Manhattan real estate loans recorded in April totaled about $790 million, less than half of March’s total.
Once again, the commercial mortgage-backed securities market produced the month’s largest loan: a refinancing for a Midtown office tower on top of a USPS warehouse. It was also the month’s only loan of more than $100 million.
Here were the borough’s largest real estate loans in April:
1) You’ve got mail | $350 million
Vornado Realty Trust secured a $350 million refinancing for 909 Third Avenue from Citi Real Estate Funding, Bank of America and BMO Harris. The property has a 490,000-square-foot warehouse at its base, which serves as the United States Postal Service’s main mail processing facility in New York City. Major tenants in the office tower include advert ....

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After Fatal Crash, Midtown Board Pushes Time Warner Center Fixes


UpdatedThu, May 6, 2021 at 3:07 pm ET
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Martin (left) and Kathleen Treat stood outside the Time Warner Center s West 58th Street garage on May 1, warning passersby to be careful as they crossed the driveway where Kathie Coblentz was fatally struck on April 3. (Nick Garber/Patch)
MIDTOWN MANHATTAN, NY After a woman was killed by a driver pulling out of the Time Warner Center parking garage, a Midtown community board is pushing the company that owns the complex to make safety improvements.
The April 3 crash killed 73-year-old Kathie Coblentz, who lived steps away and was the third-longest serving employee of the New York Public Library. Police said Coblentz was walking west on West 58th Street when she was hit in the roadway by a man pulling his Honda Minivan out of the underground garage, causing Coblentz to fall backward and hit her head on the pavement. ....

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Bourgogne: The Region's Best Kept Secrets


 
 
Bourgogne is renowned worldwide for producing some of the finest wines with their terroir and savoir-faire, unique to each designation. (Re)discover and understand the lesser-known gems of Bourgogne during a virtual discussion panel moderated by Contributing Travel Editor, Lauren Mowery.  Let’s travel through the region and discuss the versatility of Petit Chablis and the specific characteristics that make the Régionale appellations a true expression of Bourgogne terroir.  We hope this discussion will help you to understand the current position of these appellations in the US market and the added value they could bring on a wine list. ....

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Tucker Carlson Calls Out Republicans For A Strange Reason


Tucker Carlson Calls Out Republicans For A Strange Reason
05/04/21 AT 4:13 PM
Monday saw yet more Republican infighting, with Fox News’ Tucker Carlson taking House Minority Leader Kevin McCarthy to task for renting a room from wealthy pollster Frank Luntz.
The split between traditionalists and Trump’s alt-right continues to hamper the Republican Party, with Carlson suggesting that McCarthy’s living arrangements gave already-advantageous elites yet another edge over working-class voters.
McCarthy told “Fox and Friends” Tuesday that Luntz is a longtime friend who offered him space for a couple of months when congressional offices were transitioning under Democratic control.
“I didn t know how this was controversial, McCarthy said. Frank has been a friend of mine for more than 30 years… Don t worry, I m back to going back to where I normally am, on my couch in my office. But, yes, we pay fair market rate.”  ....

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