A data-center operator that spilled 5,000 gallons of diesel into the Meadowlands is now proposing a second facility next door, according to Gothamist and the New York Times — worth watching against New Jersey's own proposed six-month freeze. gothamist.com
Northwind Group put $427 million behind two separate New York City office-to-residential conversions, per Multifamily & Affordable Housing Business — another data point in the conversion financing wave alongside this week's Rudin and 100 Wall Street loans. multifamilyaffordablehousing.com
Capstone and BH3 landed $208 million for a Brooklyn office-to-residential conversion, Multifamily Housing News reports, and a separate joint venture pulled $219 million for a FiDi office-to-resi project at 100 Wall Street. multihousingnews.com
Taconic sold a life-sciences site on the Upper East Side to LCOR for $73 million, according to The Real Deal — a smaller trade but one more life-sciences parcel changing hands as that sector's building appetite cools. therealdeal.com