Real Estate Wire: Real Estate in 2015; Landmarks Turns Away Extell’s Park Avenue Tower Proposal

Posted On Tue, December 2, 2014 By

Posted On Tue, December 2, 2014 By In Real Estate Wire

  • Real estate issues to keep an eye on in 2015. [TRD]
  • Extell’s proposal for a 16-story building along Park Avenue has failed to pass Landmarks muster. [Curbed]
  • Investors are lending $1.55B to the Plaza’s owner in order to lock in control of the hotel. Part of the money will also go towards bailing Plaza chairman Subrata Roy out of a New Dehli jail. [WSJ]
  • The Port Authority of New York & New Jersey is looking for a new developer for a pair of parcels on the Far West Side. [CO]

Images: Williamsburg’s Domino development (left); Extell’s proposed Park Ave. tower (right)

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