Category : Featured

Video: David Koch tops out hospital that received his $100M donation
FeaturedVideo

Video: David Koch tops out hospital that received his $100M donation

REW
New York-Presbyterian held a beam signing ceremony at its new David H. Koch Center. The ambulatory care facility, which is supported by a $100 million donation from Koch, is expected to open in 2018. “Today’s ceremonial beam signing and topping-out celebration gives me enormous satisfaction that this site will soon become one...
NYC unemployment rate falls as more people make less money
Deals & DealmakersFeatured

NYC unemployment rate falls as more people make less money

Linda O'Flanagan
New York City has enjoyed itʼs fifth straight year of job growth, according to a new report. But more than half of the 90,000 private sector jobs were in the low wage sector. In his Quarterly Economic Update of the city’s economic performance in the fourth quarter of 2015 released...
Which presidential candidate is getting the most money from real estate donors?
Deals & DealmakersFeatured

Which presidential candidate is getting the most money from real estate donors?

REW
The real estate industry, which traditionally supports Republican candidates and conservative causes, is reaching across the aisle this election cycle. Contributors involved in the real estate business are firmly behind the presidential bid of Democratic front-runner Hillary Clinton, according to the Center for Responsive Politics, a non-partisan group that tracks...
Survey: Construction industry mostly white and male. Women, minority numbers drop
Deals & DealmakersFeatured

Survey: Construction industry mostly white and male. Women, minority numbers drop

REW
The vast majority of New York City’s 238,800 construction industry workers in 2014 were male and lived in one of the five boroughs; and more than half currently benefitted from health insurance coverage, according to a New York Building Congress analysis of the U.S. Census Bureau’s American Community Survey (ACS)....
Deals & DealmakersFeatured

Landlords group RSA attacks De Blasio housing policies with ad campaign

REW
The city’s largest landlord group is coming out against Mayor Bill de Blasio’s housing policies, arguing that the squeeze on their profits is putting jobs in danger. The Rent Stabilization Association, which represents 25,000 landlords that collectively own one million rent stabilized apartments across the city, is airing a series...
FeaturedResidential

Long Island City gateway to a thriving Queens housing market

REW
Seven years ago, Halstead broker Robert Whalen moved from Manhattan to Long Island City, Queens. There was little retail there — not even a supermarket — and most people had never heard of LIC, or thought it was a schlep to get to. Nowadays, everyone knows about Long Island City,...
Kaufman going above and beyond in pursuit of building harmony
Deals & DealmakersFeatured

Kaufman going above and beyond in pursuit of building harmony

REW
Architect Gene Kaufman has spent nearly 30 years designing buildings that have become part of the New York City skyline. But for someone who has literally helped shaped the appearance of the biggest city in the country, he’s remarkably modest. “I don’t feel the need to have things identified with...
Contractor gets up to 3 years in jail for hiring cooks, bellhops to pose as safety managers
Construction & DesignFeatured

Contractor gets up to 3 years in jail for hiring cooks, bellhops to pose as safety managers

REW
Building contractor Richard Marini has been jailed for faking construction safety inspections and New York City work sites. Manhattan District Attorney Cyrus R. Vance, Jr., announced yesterday (Tuesday) th the 61-year-old principal of Avanti Building Consultants has been sentenced to 1-to-3 years in state prison. Marini and his company were...