In April 2025, New York City saw significant real estate financing, led by Vornado Realty Trust securing a $450 million loan for its Times Square properties, including a massive LED billboard. Fortress Investment Group obtained $350 million to complete the 125 Greenwich Street condominium tower. KS Group received $300 million for the Astoria Cove megadevelopment, aiming to deliver over 2,800 units. Sioni Group and the Chetrit family secured $275 million for a long-anticipated Midtown South high-rise. Additionally, Daol Asset Management acquired 285 Madison Avenue with a $205 million loan.
Vornado Realty Trust
