Category : Featured

List of 2018’s must-have apartment amenities – and why it may surprise you
FeaturedResidential

List of 2018’s must-have apartment amenities – and why it may surprise you

REW
by REW2391
By Rick Haughey Since 2011, the number of residents living in rental housing has increased by an average of nearly 1.7 million every year, according to the Census Bureau. Further, research conducted by Hoyt Advisory Services and commissioned by National Multifamily Housing Council and National Apartment Association in June of...
NYC landlords embrace popup culture
Deals & DealmakersFeatured

NYC landlords embrace popup culture

REW
by REW2149
Pop-up stores have gone from seasonal to de rigueur for fledgling brands looking to test out their concept and break into the Big Apple retail scene. The short-term leased spaces are popping up more and more as even established retailers include them in their business plans. Zara, the world’s biggest...
FeaturedRetail

Related Companies woos another big name restaurateur to Hudson Yards

REW
by REW1115
British hospitality superstar, rhubarb has signed on to open two new restaurants and an event space in Hudson Yards. Developer Related Companies announced Tuesday that The Shops & Restaurants at Hudson Yards will house a 5,800 s/f restaurant concept by rhubarb on the fifth level. The team will also create...
JMH’s Jason Halpern on why cash is king in a fast-moving market
Deals & DealmakersFeatured

JMH’s Jason Halpern on why cash is king in a fast-moving market

REW
by REW2761
The past seven years have been an era for the record books in New York’s real estate industry, thanks in large part to a flood of private equity. Yet, as many of his peers have parlayed this free-flowing capital into large, costly projects throughout Manhattan, Brooklyn and Queens, Jason Halpern,...
Deals & DealmakersFeatured

Moody’s Analytics economist Zandi eyes 2020 as next big recession

REW
by REW1889
Mark Zandi, the chief economist at Moody’s Analytics, didn’t mince his words on the future outlook for the retail industry. “Prospects are pretty bleak over the next few years for brick and mortar,” said Zandi at an Urban Land Institute (ULI) breakfast event in Midtown last week. But the retail...
Deals & DealmakersFeaturedResidential

JMH ditches Long Island City hotels, now eyes mixed-use apartment building

REW
by REW1944
JMH Development has abandoned its plan to build a five-story, 289-key luxury hotel project in Long Island City. Instead, it will use the same property at the corner of Steinway Street and Northern Boulevard to build a six-story apartment complex with first-floor retail space, Jason Halpern, the firm’s founder and...
Deals & DealmakersDebt & EquityFeatured

Brookfield Property Partners offers nearly $15B to buy remaining GGP stocks

REW
by REW1163
Brookfield Property Partners is willing to pay nearly $15 billion to deepen its control of the Chicago-based real estate trust GGP, a sign, analysts say, that the company wants to turn the publicly-traded REIT private. Offering either $23 or nearly one percent of a limited partnership unit in its company...