
Wednesday May 28, 2025
Best & Final: May 28th, 2025
In this May 28, 2025, episode of "Best & Final," host Jordan Shea covers significant real estate transactions in New York City. Highlights include Blackstone's $850 million financing for a stake in a Midtown office tower, Vanbarton Group's $103 million office-to-residential conversion in Sutton Place, and the landmark designation of the former Whitney Museum. Additionally, the episode discusses residential market activity, such as a discounted Plaza Hotel condo sale by Russian billionaires, financing for a new Upper East Side condo, and a lawsuit over a penthouse view at 520 Park Avenue. The episode concludes with development site deals, including David Bistricer's acquisition in East Harlem and Longacre Asset Management's purchase of a multifamily portfolio in the Bronx.
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