Amtrak's redevelopment plan for Penn Station could route taxpayer money toward a new venue tied to James Dolan, according to Gothamist's review of the proposal. gothamist.com
Atlas Capital Group paid $142.5 million for a Hell's Kitchen apartment building at 360 West 43rd Street, per The Real Deal and Commercial Observer. therealdeal.com
Brookfield Asset Management raised $25 billion in new capital this quarter, crediting demand for infrastructure investment, according to Commercial Observer's earnings coverage. commercialobserver.com
The Trump administration designated 210 new Qualified Opportunity Zones across New York City, per Commercial Observer. commercialobserver.com
Starwood Property Trust posted a $390 million third-quarter loss but chairman Barry Sternlicht said he remains confident in the portfolio, Commercial Observer reports. commercialobserver.com