Deals & Dealmakers
Residents protest plan to rezone Jerome Avenue in the Bronx
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The city began a formal review of its plan to rezone two miles of Jerome Avenue in the Bronx on Monday, after the City Planning Commission (CPC) certified
Deals & Dealmakers
Big Apple issues a hot potato when it comes to building for the future, say developers
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While infrastructure and affordable housing were on the minds of panelists at New York University’s Schack Institute’s annual conference on capital markets
Featured
Trump Tower seller finds new home at One Beacon Court for $14.45 million
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One Beacon Court, #46D By Roland Li Shortly after selling an apartment at the Trump Tower at 721 Fifth Avenue for $13.3 million, 48 Acquisition, LLC has
Deals & Dealmakers
Investment firm buys Brooklyn hotel portfolio for $33.5 million
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  Investment firm Red Pine Capital Partners LLC just purchased a Brooklyn hotel portfolio for $33.5 million. The equity and real estate investment
Deals & Dealmakers
Banks: Politicians making housing crisis worse
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The president of the city’s biggest real estate lobby has criticized politicians and NIMBYism, saying the efforts to stall development are keeping much-needed
Deals & Dealmakers
Carnegie Hall Tower reels in another tenant
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Another deep-pocketed tenant has signed a lease at the Carnegie Hall Tower. TR Winston & Company, a privately held investment banking firm, has leased
Deals & Dealmakers
Tributes flow for workers’ rights champion, Hector Figueroa
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Héctor Figueroa, president of the country’s largest building workers union, 32BJ SEIU, died on Thursday, July 11, at the age of 57. The union said in a
Featured
Survey shows election is keeping home buyers at a distance
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The prices for New York City real estate continue to hover near record highs. However, one factor is said to be keeping buyers at a distance.
Deals & Dealmakers
Broker draws on family dynamic to make better business
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After years working with his father on deals that run the real estate industry gamut, Peter Gross believes heʼs found a recipe for success.
Construction & Design
Housing builders shift to cheap areas amid superluxe glut
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As the super luxury market continues to stagnate, developers are looking to shift towards smaller-scale projects and cheaper areas. While superluxury was
Deals & Dealmakers
Cuomo names LeFrak, Roth to Penn Station task force
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Lefrak Organization CEO Richard LeFrak and Vornado CEO Steven Roth have been named to Gov. Andrew Cuomo’s task force for rehabilitating Penn Station.
Construction & Design
Tishman Speyer secures $1B in financing to build new Bjarke Ingels-designed Spiral
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Tishman Speyer has unveiled the BIG-Bjarke Ingels Group conceptual design for its planned 65-story tower at 66 Hudson Boulevard in Manhattan.