New York City sees spike in life science sector leasing
New York City is set to see a major spike in the life sciences sector according CBRE’s latest reports that saw 57,000 s/f of leasing activity in 2018.
Category : Featured
REBNY warns mansion tax could cause more harm than good
REBNY prez John Banks is railing against a proposed tax, which will apply to non-primary homes worth more than $5 million, he says will hurt New York City.
Expert says new council legislation will turn NYC into Detroit
Reactionary rules being piled on the real estate industry by the legislature could turn New York into Detroit, according to one legal expert. Responding to a new proposal to give commercial tenants free legal aid to fight eviction, attorney Stuart Saft warned, “These bills are being considered and enacted because...
Related gets into fulfillment business with purchase of delivery upstart
Related is partnering with logistics investment specialists Greenfield Partners to buy Quiet Logistics, a $1 billion a year e-commerce company they paln to turn into “the supply chain for the next century.”
REBNY WATCH: Pied a Terre Tax Would Tear Apart NYC’s Economy
REBNY has come out to vehemently oppose a "pied a terre" tax that they say would adversely affect construction and the job market.
Related releases ‘Vessel’ tickets ahead of Hudson Yards grand opening
Manhattan’s newest neighborhood, Hudson Yards, will unveil one of its centerpieces a 150-foot climbable sculpture which will be open to the public.
Pioneer celebrates womenʼs progress in real estate business
Merle Gross-Ginsburg recounts the early days in her real estate career where she faced difficulties just for being a woman, leading her to create AREW.
Hard-up rental agents up in arms over plan to cut their pay checks
Angry managers call new bill to cap commission check "misguided" and warn that it could even worsen the city's housing problem
City to build modular homes in East New York
The city is set to employ ʻnext frontierʼ building technology to develop an affordable apartment property in East New York. The Department of Housing Preservation and Development (HPD) will develop 167 units of on City-owned land with a development team led by Thorobird Companies along with nonprofit partner Bangladeshi American...
JLL takes hunt for top proptech to EMEA
The global brokerage services firm announced this morning that JLL Spark, its proptech investment arm, is partnering with UK investment advisor, Concrete VC, to find the most relevant startups in which to invest.