Abe Talassazan’s Eretz Group purchased the landmarked Argonaut Building at 224 West 57th Street from M1 Real Estate for $213.8 million, according to property records filed with the city…read more

Investing in New York City’s trophy properties is still a very safe bet, said The Real Deal publisher Amir Korangy in an interview with CCTV, the top state television broadcaster in mainland China. Read More…

The closing of the sale on Wednesday of New York’s famed Waldorf Astoria hotel to China’s Anbang Insurance Group Co Ltd for $1.95 billion marks the tip of an unprecedented wave of Chinese investment pouring into U.S. hotels. The closing comes on the heels of Monday’s announcement that another insurer from Beijing, the Sunshine Insurance …

The $50 million note on the development site at 111 Washington St. was just purchased for an amount “close” to par from the New York Community Bank by Pink Stone Capital, according to an article in today’s edition of The New York Post by Lois Weiss.