Natalie Wong

New York

U.S. Commercial Real Estate Reporter at Bloomberg News

Reporter @Bloomberg. Canadian. Tips: [email protected]

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Articles

NYC's $4.4 Billion Casino Battle Now Lies With Gambling Skeptics

1 day ago | bloomberg.com | Christopher Palmeri |Nacha Cattan |Laura Nahmias |Patrick Clark |Natalie Wong

Casino backers are seeking to change New York's skyline with the potential projects. (Bloomberg) -- But the downstate process has proven more tedious than the upstate. One major hurdle for the New York City area projects is the requirement that a community advisory committee consisting of state and local officials approve the projects. Those boards will be a key part of the process, convening to vote and hold public hearings for the projects.
Blackstone Snaps Up Stakes In Office Buildings Leased By Meta

1 week ago | fa-mag.com | Natalie Wong

Blackstone Inc.’s real estate business purchased stakes in two office properties in Bellevue, Washington, that are leased by Meta Platforms Inc. Owner Shorenstein Investment Advisers sold an interest in two buildings, known as Blocks 5 and 6, to funds affiliated with Blackstone Real Estate, according to a statement Wednesday.
Blackstone Snaps Up Stakes in Office Buildings Leased by Meta

1 week ago | news.bloombergtax.com | Natalie Wong

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Blackstone Snaps Up Stakes in Office Buildings Leased by Meta

1 week ago | bloomberg.com | Natalie Wong

The Blackstone headquarters in New York. (Bloomberg) -- Blackstone Inc.’s real estate business purchased stakes in two office properties in Bellevue, Washington, that are leased by Meta Platforms Inc. Owner Shorenstein Investment Advisers sold an interest in two buildings, known as Blocks 5 and 6, to funds affiliated with Blackstone Real Estate, according to a statement Wednesday.
Owner of ex-Goldman tower defaults on $359 million mortgage

2 weeks ago | crainsnewyork.com | Natalie Wong |Natalie Wong

The owner of 85 Broad St., a former Goldman Sachs Group Inc. headquarters in downtown Manhattan, is in default on the tower’s mortgage, according to people familiar with the matter. The $359 million loan was transferred to special servicer CWCapital Asset Management to determine a workout plan, said the people, asking not to be named discussing private details.
Trump’s Orders Delay CFTC Effort to Get Out of $21 Million Lease

2 weeks ago | news.bloombergtax.com | Lydia Beyoud |Gregory Korte |Natalie Wong

Even before Donald Trump retook the White House and Elon Musk’s DOGE fanned out across government, the CFTC was on board with reducing its real estate footprint, saving taxpayers millions of dollars. It agreed to trade its cavernous DC headquarters, with its floor-to-ceiling windows and grand meeting hall, for smaller, more utilitarian space three miles away.
Trump’s Orders Delay CFTC Effort to Get Out of $21 Million Lease

2 weeks ago | bloomberg.com | Lydia Beyoud |Gregory Korte |Natalie Wong

The Commodity Futures Trading Commission headquarters in Washington, DC. (Bloomberg) -- Even before Donald Trump retook the White House and Elon Musk’s DOGE fanned out across government, the CFTC was on board with reducing its real estate footprint, saving taxpayers millions of dollars. It agreed to trade its cavernous DC headquarters, with its floor-to-ceiling windows and grand meeting hall, for smaller, more utilitarian space three miles away.
Owner of Ex-Goldman Tower Defaults on $359 Million Mortgage

2 weeks ago | bloomberg.com | Natalie Wong

85 Broad Street in New York(Bloomberg) -- The owner of 85 Broad St., a former Goldman Sachs Group Inc. headquarters in downtown Manhattan, is in default on the tower’s mortgage, according to people familiar with the matter. The $359 million loan was transferred this week to special servicer CWCapital Asset Management to determine a workout plan, said the people, asking not to be named discussing private details.
NYC’s Sprawling Equinox Gym, Hotel in Hudson Yards Eyed for Sale

2 weeks ago | bloomberg.com | Natalie Wong

35 Hudson Yards in New York (Bloomberg) -- Related Cos. and its partner Oxford Properties are exploring a sale of part of 35 Hudson Yards, a tower on Manhattan’s far west side that houses the Equinox Hotel. The developers are seeking to sell or recapitalize the office, retail, fitness and hotel condominiums at the skyscraper, completed in 2019, according to marketing materials viewed by Bloomberg. The 143 residential units within the building would not be included in any sale.
NYC Buildings in Midtown, SoHo Are Going Up for Sale by SL Green

3 weeks ago | news.bloomberglaw.com | Natalie Wong

SL Green Realty Corp. is marketing two Manhattan buildings for sale as demand for the city’s office properties heats up. The landlord hired brokerage Eastdil Secured to market 110 Greene St., a SoHo office building with a Balenciaga store, and 690 Madison Ave., a property just one block from Central Park that houses jeweler Van Cleef & Arpels, according to marketing materials viewed by Bloomberg.