Construction & Design
City Hall dedicates $180M for Long Island City infrastructure
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The mayor’s office has signed off on a $180 million dollar spending plan in Long Island City that will be used to build schools, fix roads and build up
Deals & Dealmakers
Chetrit JV makes $217M hotel play
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Patriarch Equities, Sioni Group, and Highgate have purchased the 618-room Affinia Manhattan NYC hotel through a joint venture. Highgate has also assumed
Featured
Amazon gets cautionary welcome to residential market
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Last week, e-commerce behemoth Amazon dropped a bombshell on brokerages by joining forces with real estate giant Realogy on a matchmaking service for home
Featured
Zeckendorf taps Victoria’s Secret model for UN Plaza campaign
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Victoria’s Secret model Leila Ndabirabe is the new face of Zeckendorf’s 50 United Nations Plaza. The Burundi-born beauty is starring in a digital
Deals & Dealmakers
Californians hunt for tri-state multifamily
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AVA Stamford West Coast based Pacific Urban Residential has acquired two apartment communities and is under contract on third. The trio of deals will total
Debt & Equity
Silverstein celebrates $1.6B bond deal
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Rendering of the new 3 World Trade Center Developer Larry Silverstein has sold $1.6 billion worth of unrated bonds to finance his planned office tower
Debt & Equity
Unlikely alliance could rebuild America
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From the South Bronx to Paterson, New Jersey to Broad Street, Philadelphia, William “Billy” Procida knows what it takes to build in hardscrabble, inner-city neighborhoods.
Featured
Rechler starts the reinvention of New Rochelle
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RXR Realty CEO and chairman Scott Rechler was hailed by New Rochelle city officials this morning for his efforts to help revitalize the Westchester city.
Featured
City vows to protect immigrants as feds move on public housing ban
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New York landlords who discriminate against immigrants could face prosecution, the city warned this week. “There are a range of protections against discrimination
Featured
Council okays plan to track vacant stores
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Mayor Bill de Blasio is expected to sign new legislation that will track retail vacancies and monitor leases and rents as the city moves to protect “mom-and-pop” stores.
Deals & Dealmakers
Real estateʼs black leaders inspire change during diversity conference
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One of the city’s biggest commercial real estate diversity events drew over 600 professionals to Columbia University last week to hear from an A-list
Deals & Dealmakers
Online returns create big business for secondary market in reverse logistics
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Anyone that knows the name “Amazon” knows that ordering goods online is big business. What they might not know is that returning those goods, whether they’re