Deals & Dealmakers
New visa program may heat up NYC retail
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Despite worries about tourism numbers and some corridors experiencing rent weaknesses, experts see nothing but good things for the future of New York City’s retail scene.
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City locks horns with techies, calls for ban on smart keys
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It may soon be illegal for owners of residential buildings to install keyless or smart-key systems in their buildings. On Monday, the City Council discussed
Construction & Design
MTA unveils historic $51M transit overhaul
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The real estate industry has hailed a historic $51.5 billion capital plan from the Metropolitan Transportation Authority to modernize the city’
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How Trump budget cuts will create shortfall in affordable housing funding
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President Donald Trump ran and won as the savior of the neglected masses, promising to bring back coal mining jobs and providing “massive” tax cuts to
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REBNY announces 2019 Proptech Challenge
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The Real Estate Board of New York (REBNY) and its Technology Committee announced the details for its second annual PropTech Challenge. The competition
Construction & Design
Inside the years-long process of turning the Woolworth Building tower into luxury condos
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The Woolworth Building in Lower Manhattan has been a distinctive part of New York City’s skyline for more than a century. Most New Yorkers could spot it
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Rechler cooks up ‘ghost kitchen’ deal for New York buildings
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Scott Rechler has cooked up a deal with restaurant revolutionaries, Kitchen United. Months after partnering with Airbnb to create hotel space in some of
Deals & Dealmakers
Aussie transplant riding co-living wave to success
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It was years ago that Sophie Wilkinson left Down Under, but now she’s one of the main influencers behind an up-and-coming way of living in New York City.
Debt & Equity
Gural venture closes on $430M loan for FiDi reno’
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The Gural Family’s GFP Real Estate and their partner, Northwind Group, have closed on a $430 million construction loan to modernize 7 Hanover Square.
Deals & Dealmakers
Chetrit, Peebles pay $250M for surplus city buildings
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By Orlando Lee Rodriguez DON PEEBLES The Bloomberg administration announced today announced an agreement to sell two city-owned buildings in Lower Manhattan
Deals & Dealmakers
Savills Studley helps medics reconfigure with Tishman Speyer
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Savills Studley announced the successful completion of a transaction that will relocate EHE’s office and medical clinic from 10 Rockefeller Plaza to 600 Fifth Avenue.
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Developers rushing to meet demand from buyers in Mott Haven
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With the influx of interest in the Mott Haven neighborhood of the Bronx, brokers and developers are capitalizing on the buzz around what they deem the