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Press

2023-10-24
BISNOW

THIS WEEK’S N.Y. DEAL SHEET

It was another week of notable leasing activity, with a huge renewal in Chelsea and a relocation and expansion at 9 West 57th St. leading the charge.

TOP FINANCING DEALS

Bank OZK has agreed to lend $112.5M to EJS Group for the construction of a residential condo building with ground-floor retail space on the Upper East Side, according to a release. Construction recently topped out on the property, which will feature 36 residential units and is expected to launch sales next year. The property, 200 East 75th St., sits beside El Ad Group’s 1299 Third Ave. development, also under construction, in a deal that allowed both El Ad and EJS to avoid rezoning by both building around a five-story walk-up building that sits between them, Gothamist and The Real Deal reported.