Featured
Who still has tax savings as the sun sets on 421a abatement?
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The days of 421a are gone — but there are still new developments able to offer the lucrative tax in the city. The 421a program, first created in 1971 to
Deals & Dealmakers
Sweetheart deal could spark retail revolution in Long Island City
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A sweetheart deal could spark a retail rush to Long island City, with or without Amazon. Robert Futterman, the chairman of Newmark Knight Frank’s retail
Deals & Dealmakers
CBSK secures $251M luxury condo financing
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JLL arranged $251 million in equity and debt for CBSK Ironstate for the acquisition and development of 646 11th Avenue, a luxury condominium development
Deals & Dealmakers
Election brings upstarts into the fray
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Seven Democratic state senators were ousted during last week’s primary elections by left-leaning candidates, some of whom ran on pro-tenant or even anti-development platforms.
Deals & Dealmakers
Servcorp sitting pretty in highest offices in 1 WTC
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One would think the first thing someone would notice on the 85th floor of 1WTC would be the spectacular views of New York City, but it is the paintings
Editorial Supplements
Brokerages lease for a cure
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Andrew Abramson By Roslyn Lo When cancer struck at the heart of Andy Abramson’s family, the CEO of Value Companies, Inc, a real estate development and
Featured
BANKS: Making Our Voices Heard for the Betterment of New York City
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Last week, I had the great privilege of standing with more than 100 REBNY members who attended a public hearing on commercial rent control legislation.
Deals & Dealmakers
Manhattan’s investment sales plummet to 10-year low
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Manhattan, one of the world’s largest real estate investment markets, saw just 76 sales during the second quarter of 2019, and is on track to suffer its
Deals & Dealmakers
Durst buys Queens site from PMG for $167M, plans 1M s/f apartment tower
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The Durst Organization today announced it has acquired the Queens Plaza Park development site at 29-37 41st Avenue in Long Island City, Queens.
Deals & Dealmakers
IN PICTURES: BOMA’s big night celebrating Pinnacle winners
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A crowd of nearly 900 turned out last night to watch the Building Owners & Managers Association of Greater New York crown the winners of the 2019 Pinnacle Awards.
Featured
Retail brokers embrace market changes during Las Vegas convention
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LAS VEGAS: After years of industry uncertainty, the future is starting to come into view for the nation’s retail experts. It’s one defined by technology
Deals & Dealmakers
Flex office provider Spaces leases 110,000 s/f in Chrysler Building
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Spaces, the Amsterdam-based flexible office provider, has signed another major lease in Midtown, just a week after securing a recent Park Avenue lease.