FeaturedResidential Silverback partners with Chinese developer on luxury midtown condo REW June 18, 2020 June 18, 2020 by REWJune 18, 2020June 18, 20205401 200-unit tower at 131 East 47th Street is Hopson Development Holdings first venture into US market
Featured Rent stabilized landlords crushed by no-pay tenants REW June 17, 2020 June 17, 2020 by REWJune 17, 2020June 17, 20202224 Depressed rent collections pushing some owners into distress
Construction & DesignFeatured Nation’s first COVID hotspot celebrates milestone REW June 17, 2020 June 17, 2020 by REWJune 17, 2020June 17, 20203138 L+M Development Partners announces $49M loan, start of construction on new apartment tower
Construction & DesignFeatured Hurricane season promises to keep the pain piling on REW June 17, 2020 June 17, 2020 by REWJune 17, 2020June 17, 20202050 Experts warn that the US is likely to be hit by a major hurricane this year - and building owners should be prepared
Deals & DealmakersFeatured REBNY becomes latest victim of COVID job cuts REW June 17, 2020 June 17, 2020 by REWJune 17, 2020June 17, 20202903 The board has cut staff and reduced salaries as its income has been decimated by the coronavirus.
Deals & DealmakersFeatured MaryAnne Gilmartin named chair of Mack-Cali Realty Corp. REW June 16, 2020 June 16, 2020 by REWJune 16, 2020June 16, 20205121 DeMarco to stay on as CEO as REIT bows down to activist Bow Street
Debt & EquityFeatured Goldman Sachs closes on loan for $100M Brooklyn rental tower REW June 16, 2020 June 16, 2020 by REWJune 16, 2020June 16, 20205300 Cushman & Wakefield served as exclusive adviser in securing fixed rate loan from USAA Real Estate.
Construction & DesignFeatured NYCHA ramps up sale of air rights to developers REW June 16, 2020 June 16, 2020 by REWJune 16, 2020June 16, 20206675 Revised RFEI could help it raise an estimated $1 billion to help repair crumbling stock
Debt & EquityFeatured Rockpoint unveils latest megafund targeted at COVID distress REW June 16, 2020 June 16, 2020 by REWJune 16, 2020June 16, 20202894 Global investment management firm has two funds with more than $5.8 billion in capital commitments
FeaturedResidential As market rate renters keep up payments, worry grows for the rest REW June 16, 2020 June 16, 2020 by REWJune 16, 2020June 16, 20204143 Tenant advocates call for extended eviction moratorium amid concern that black and brown renters are more at risk of losing their homes.