Yellowstone Converts MONY Building Into 422 Units

Yellowstone Real Estate just landed a $480 million loan to transform the iconic MONY building at 1740 Broadway into 422 luxury condos and rentals—complete with a 60K sq ft amenity hub featuring a sports club, spa, bowling alley, golf simulator, and even a pet-friendly dog run. The building, once owned by Mutual of New York (yes, the “Mony Mony” band!), was acquired for $200 million earlier this year. This isn’t Yellowstone’s first rodeo—they’ve already closed on two other massive office-to-residential conversions, adding over 16,000 new rental units to NYC’s evolving skyline. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/03b5f7761ca054ab