Natalie Wong

New York

U.S. Commercial Real Estate Reporter at Bloomberg News

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

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Articles

Sternlicht Says Market’s Recovery ‘Doesn’t Really Feel Right’

5 days ago | news.bloomberglaw.com | Natalie Wong

Billionaire Barry Sternlicht said that the US economy will likely weaken even though the stock market has bounced back from President Donald Trump’s major tariff announcement in early April. “The markets have recovered, shockingly, to pre-Liberation Day highs, but that doesn’t really feel right,” Sternlicht said Friday on an earnings call for Starwood Property Trust Inc., where he is chairman and chief executive officer.
Sternlicht Says Market’s Recovery ‘Doesn’t Really Feel Right’

5 days ago | bloomberg.com | Natalie Wong

(Bloomberg) -- Billionaire Barry Sternlicht said that the US economy will likely weaken even though the stock market has bounced back from President Donald Trump’s major tariff announcement in early April. “The markets have recovered, shockingly, to pre-Liberation Day highs, but that doesn’t really feel right,” Sternlicht said Friday on an earnings call for Starwood Property Trust Inc., where he is chairman and chief executive officer.
Property Firm Expands Immigration, Border Bet With New Purchase

6 days ago | bloomberg.com | Natalie Wong

(Bloomberg) -- A real estate company that leases space to the US government is building out a property portfolio for work it considers “mission critical” to the country. Easterly Government Properties Inc. bought a facility near Burlington, Vermont, that’s occupied by agencies including US Customs and Border Protection and Immigration and Customs Enforcement, according to a statement Thursday.
Amazon Buys NYC Fifth Avenue Office Tower Near Grand Central

1 week ago | bloomberg.com | Natalie Wong

522 Fifth Ave in New York. (Bloomberg) -- Amazon.com Inc. added to its Manhattan real estate holdings with the purchase of an office tower on Fifth Avenue. The e-commerce giant said it bought 522 Fifth Ave. from landlord RFR. No price was disclosed. “We continuously evaluate our corporate office needs to best serve Amazon’s businesses, employees and customers,” a spokesperson for the company said by email. The Real Deal first reported that Amazon was the buyer of the building.
Retired Hong Kong Cardinal Joseph Zen stresses unity ahead of conclave for pope

2 weeks ago | scmp.com | Natalie Wong

Retired Hong Kong Cardinal Joseph Zen Ze-kiun, currently in Vatican City, offered prayers as he encouraged unity for the conclave to elect Pope Francis’ successor. In a photo posted on his Facebook account on Tuesday, 93 year-old Zen, clad in a white liturgical robe, was seen praying at an altar at St Peter’s Basilica alongside Carlos Cheung, a Salesian priest from Hong Kong.
Jersey City Luxury Apartments Get $331 Million Loan From CDPQ

1 month ago | bloomberg.com | Natalie Wong

50 and 55 Hudson St.(Bloomberg) -- Tishman Speyer landed a construction loan to proceed with the second tower in its luxury rental development on the Jersey City waterfront. The $331 million financing, led by Canadian pension fund Caisse de Dépôt et Placement du Québec, will be used to build 50 Hudson St., according to a statement. Construction is set to start soon, with the 40-story project expected to be completed in 2028.
Peebles, McNeely to Raise Fund for Office Conversions

1 month ago | bloomberg.com | Natalie Wong

An empty office building in Fairfax, Virginia. (Bloomberg) -- A new investment firm started by developer Don Peebles and former Carlyle Group Inc. partner Doug McNeely is seeking to raise as much as $1.5 billion to convert offices to housing across the US. The firm, Donahue Douglas, said its first fund will focus initially on acquiring and converting office buildings in 10 cities, including Boston, Washington, New York, Atlanta and San Francisco.
Amazon Seeks Partners for $15 Billion Warehouse Expansion Plan

1 month ago | bloomberg.com | Natalie Wong |Spencer Soper

Amazon is seeking to expand its network of warehouses. (Bloomberg) -- Amazon.com Inc. is considering a $15 billion warehouse expansion plan for nearly 80 new logistics facilities in US cities and rural areas that would reverse its post-pandemic construction slowdown, according to people familiar with the matter. The e-commerce company is asking potential capital partners to submit proposals, the people said, asking not to be identified citing private information.
Amazon Seeks Partners for $15 Billion Warehouse Expansion Plan

1 month ago | news.bloomberglaw.com | Natalie Wong |Spencer Soper

Amazon.com Inc. is considering a $15 billion warehouse expansion plan for nearly 80 new logistics facilities in US cities and rural areas that would reverse its post-pandemic construction slowdown, according to people familiar with the matter. The e-commerce company is asking potential capital partners to submit proposals, the people said, asking not to be identified citing private information.
Amazon Seeks Partners for $15 Billion Warehouse Expansion Plan

1 month ago | go.reit.com | Natalie Wong |Spencer Soper

Amazon.com Inc. is considering a $15 billion warehouse expansion plan for nearly 80 new logistics facilities in US cities and rural areas that would reverse its post-pandemic construction slowdown, according to people familiar with the matter. The e-commerce company is asking potential capital partners to submit proposals, the people said, asking not to be identified citing private information.