Deals & Dealmakers
The Collective to develop New Yorkʼs largest co-living property
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The Collective, a London-based co-living developer, has announced its plan to build a major co-living community on the border between Williamsburg and Bushwick.
Deals & Dealmakers
Stuy Town black eye fixed with $5.3B sale
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By Sabina Mollot The biggest flop of New Yorkʼs real estate boom was yesterday hailed as the biggest win for its working class. Announcing that investment
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de Blasio: City to shutter first jail on Rikers Island by summer
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The de Blasio Administration announced  Tuesday that it will close its first jail on Rikers Island this summer as part of Mayor de Blasio’s plan to close Rikers Island.
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The Cold Truth: Homelessness soars to record highs with no solution in sight
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Roughly 60,000 New Yorkers will spend this Christmas in a homeless shelter. Thousands more will struggle to balance the cost of rent with holiday expenses
Deals & Dealmakers
HUD steps in to help fix NYCHA
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In the wake of what is being described as systematic failures within New York City’s Housing Authority, NYCHA, the agency will cede much of its control
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de Blasio ramps up homes plan, promising 100,000 more affordable homes
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Mayor Bill de Blasio’s plan to further ramp up affordable housing construction and protection has the support of New York’s real estate community but not
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Iron Chef to open new Brooklyn ramen restaurant
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Chef Masaharu Morimoto, best known as the Iron Chef, will be bringing his Momosan Ramen & Sake restaurant to Brooklyn’s Park Slope neighborhood.
Deals & Dealmakers
Delshah Capital on prowl for debt deals, scoops up Terzi, Toledano mortgages
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Delshah Capital has purchased mortgages on a pair of vacant retail condos owned by Jack Terzi Real Estate, one in the trendy NoMad neighborhood and the
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Trump Tower apartment sold for $13.3 million after a half-dozen price changes
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StreetEasy By Roland Li A 3,316 s/f condo at the Trump Tower at 721 Fifth Avenue has been sold for $13.3 million, according to city records.
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Realogy accuses Compass of lying, stealing, cheating its way to top
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The residential real estate behemoth Realogy is looking to take down the sector’s fastest-growing brokerage firm. The $7 billion parent of brands
Deals & Dealmakers
Ecommerce company leases 500,000 sf warehouse in New Jeresy
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A rising ecommerce startup has leased half-a-million square feet of distribution center space next to State Island to from the largest industrial REIT
Deals & Dealmakers
Don Peebles to launch Opportunity Fund, focus on affordable housing
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Industry titan Don Peebles, founder and CEO of the Peebles Corporation, is creating a Qualified Opportunity Fund to invest in low-income areas across the country.