MTA unveils historic $51M transit overhaul
The real estate industry has hailed a historic $51.5 billion capital plan from the Metropolitan Transportation Authority to modernize the city’s aging infrastructure. “The proposed
Category : Featured
South Koreans pay $5.8B for Anbang hotel portfolio
Mirae Asset Global Investments announced that it has entered into a definitive agreement to acquire a portfolio of 15 U.S. luxury hotels from Anbang Insurance
REBNY announces industry leaders to be honored at 124th Annual Banquet
The Real Estate Board of New York (REBNY) today announced the distinguished real estate professionals who will be presented with the industry’s top honors at
Cornell-Tech, Empire Stores earn ULI recognition for outstanding work
The Cornell Tech Campus on Roosevelt Island and Empire Stores in Brooklyn were among 11 outstanding real estate development projects from around the globe selected
Jones on the fast track as business booms in leasing sector
West Coast transplant Emily Jones is blazing her own trail selling New York City to tomorrow’s tenants. In just eight short years, she’s gone from
Multifamily values ʻsucker punchedʼ
New York City’s new rent regulation laws have shaved nearly half the value off multifamily properties, according to investment sales brokers. Sales for the second
Blackstone backs down on warehousing
By Maria Rocha-Buschel One of the city’s biggest landlords has backed down on a plan to warehouse apartments impacted by new rent regulations. Blackstone, which
Housing czar turns to real estate biz to help rebuild NYCHA
Deputy Mayor for Housing and Economic Development Vicki Been is asking for the real estate industry’s help to bring NYCHA housing out of its state
Check out the most expensive 2Q apartment sales in NYC
A few months have passed since Ken Griffin’s jaw-dropping, $240 million purchase of a Midtown Manhattan condo, and the presses have had some time to
Rockefeller taps Tim Flynn to direct $2B development pipeline
Construction veteran Timothy Flynn is joining the Rockefeller Group to help direct its Northeast and Mid-Atlantic development pipelines. The company announced today (Thursday) that the