New bill takes aim at apartment warehousing
Bill would fine landlords who keep untis empty for three months and give the money to the homeless.
Category : Featured
Shvo secures $210M loan for Soho acquisition
JLL secures the $210 million from LoanCore Capital.
Anti-development fervor threatening economy and longterm growth
If we want a progressive City, we need a prosperous City. If we want to be prosperous, we need to grow. Growth will create the housing necessary to accommodate an increasing population and help address our affordable housing crisis. For example, between 2005 and 2016, the City’s population increased by...
Experts urge caution as first cases of coronavirus reach NYC
AGC says the virus could impact deliveries of construction materials but is urging contractors not to stockpile goods
DOB stands by supertall decision
Developers SJP and Mitsui Fudosan are cheering a decision by the city to appeal a court decision to chop the top 20 stories off of their Upper West Side luxury tower, 200 Amsterdam. The decision came after a judge last month sided with neighbors opposed to the skyscraper who accused...
MDC Partners lease 200,000 s/f at 1 WTC
The Durst Organization and The Port Authority of New York and New Jersey today announced that MDC Partners has signed an 11-year lease for 199,277 square feet on the 65th through 69th floors and partial 64th floor of One World Trade Center.
The new rules: Experts weigh in on development trends in amenities, design and labor
As the real estate industry comes to terms with the new rent regulations as well as combating a still-sluggish home sales market, a few major players in residential are predicting that the amenity war is here to stay. At the same time, when it comes to designing a building, they...
Investor travels to Long Island for $232M multifamily deal
CBRE brokers trade of 915-unit La Bonne Viein Patchogue
City Connections Realty acquires Adina Equities
Adina Azarian, as well as her team member Kelsey Cox merged into City Connections Realty, Inc. this week. Azarian, who has been in the business for 25 years, brings with her 26 rental buildings that she represents exclusively with approximately 700 units. She originally worked at a small firm then...
BOMA celebrates its 2020 Pinnacle winners
There were no losers at last night’s BOMA-NY Pinnacle Awards as the organization’s chairman Hani Salama paid tribute to all of the men and women who help make New York City’s skyline remarkable. “It is a privilege to recognize the most distinguished and creative leaders and innovators shaping our city,”...