Featured
Council members back bill to tax absent apartment owners
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By Sabina Mollot A few weeks after an out-of-state hedge fund billionaire bought a $238 million penthouse on Central Park South, two City Council members
Featured
Cushman & Wakefield bring on food, beverage specialists
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As more commerce shifts to the Internet, the physical retailers that are finding success are the ones that provide experiences that can’
Deals & Dealmakers
115,000 s/f WeWork lease biggest new space deal in Plaza District in over a year
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In the largest Plaza District new office space transaction in over a year, WeWork has leased seven full floors of office space at Charles Cohen’
Deals & Dealmakers
Developer has eye on holiday shopping as malls near completion
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Two highly-publicized retail projects — one historic and one formerly infamous — are nearing completion. In New Jersey, developer Triple Five’s megamall
Deals & Dealmakers
Survey: Talent trumps cost as real estate decision driver
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A new survey of corporate executives underscores a major shift in how companies are making real estate decisions today, with more than half saying that
Deals & Dealmakers
Steve Green steps down as REIT boss
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SL Green Realty Trust founder Stephen L. Green will step down from the company’s top post at the beginning of next year, capping a two-decade tenure as
Deals & Dealmakers
Chinese developer Greenland acquires 41 percent stake in Park Lane Hotel
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Chinese developer Greenland Hong Kong has acquired a 41 percent stake in Park Lane Hotel in Central Park South. The deal comes as Greenland formed a partnership
Featured
Hines releases new images of Nouvel’s tapered tower at 53 West 53rd
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New images have been release of the Jean Nouvel-designed 53 West 53rd Street skyscraper. Hines, together with development partners Goldman Sachs Investment
Deals & Dealmakers
RXR provides $463M in financing for three Extell properties
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RXR Realty, a real estate operating and investment company, has entered into an agreement with Extell Development Company to provide $463 million of mezzanine
Deals & Dealmakers
Ex-NBA player Tate George sues, says partners used Trump brand for fraud
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Ex-NBA player Tate George, who was sentenced to nine years in prison for running a $2 million real estate Ponzi scheme, has filed a fraud lawsuit against
Deals & Dealmakers
Jeff Gural steps down as NKF chairman
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Newmark Knight Frank chairman Jeff Gural is stepping down. Gural, who will continue on as NKFʼs chairman emeritus, has left his post as the firm prepares for an IPO.
Construction & Design
HAP crowdfunds new development in Chelsea
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HAP Investment Developers is moving into uncharted territory with its newest development, HAP Eight. Not only is the residential builder venturing below