60 Guilders and Sentry Realty have acquired 1441 Broadway, a Midtown Manhattan office property also known as 10 Times Square, for approximately $240 million. According to Commercial Observer, the estate of L.H. Charney sold the property, while Newmark arranged both the sale and the acquisition financing. Fortress provided the buyers with a floating-rate acquisition loan equal to approximately 70% of total project cost. This means the transaction combines acquisition debt with

Airbnb has purchased 281 Park Avenue South, a landmarked property in Manhattan’s Gramercy neighborhood, for $81.5 million. According to Commercial Observer, the acquisition is Airbnb’s first purchase of an office property in New York City. The company plans to use the building as one of its largest employee hubs outside San Francisco. The six-story property contains approximately 42,500 square feet and is located at the corner of Park Avenue South and East 22nd Street. The bu