Deals & Dealmakers
Survey: Gen X workers like communal spaces, living in the suburbs
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What do Generation X workers want? According to a new report, their preferences are an amalgam of the desires of baby boomers and millennials.
Construction & Design
City okays plan to turn parking garage into 280-unit housing development
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The city has approved a land-use proposal to build a 279-unit affordable housing development on a city-owned parking garage site in Manhattan Valley The
Construction & Design
CODE BREAKERS: LendLease fined after carbon monoxide poisons workers
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The New York City Department of Buildings released its August 2019 enforcement bulletin, which provides highlights of the agency’s actions to sanction
Featured
Is Brooklyn’s bubble bursting?
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Prices have fallen across all unit types except for co-ops. The housing reports are in, and the challenging market in Brooklyn has continued along a trend
Deals & Dealmakers
Pfizer signs 800,000 s/f lease for Tishman Speyer Spiral
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Pharmaceutical giant Pfizer has leased 800,000 s/f for its new HQ at The Spiral, Tishman Speyer’s forthcoming Hudson Yards skyscraper. Tishman Speyer president
Featured
The family ties that keep business rolling
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Out of 300 licensed sales agents and staff members at Town, about 18 are part of family teams By Liana Grey When Lee Schweninger was in elementary school
Deals & Dealmakers
Discovery to open Park Avenue headquarters
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The Discovery entertainment company has signed a 360,000 s/f deal with TF Cornerstone at 230 Park Avenue. The real life media behemoth will consolidate
Debt & Equity
AIG antes up $280M to refinance Empire Stores in DUMBO
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Midtown Equities and Empire Stores have refinanced their Empire Stores development in Brooklyn with a $280 Million loan from AIG. JLL’s Capital Markets
Construction & Design
Politicians offer zoning benefits to private developers for NYCHA fix
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Comparing the current NYCHA controversy to the Flint water crisis, a group of state politicians has said private developers should be brought in to fix
Deals & Dealmakers
Kevin Swill settling in as big man on crowdfunding campus
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By Konrad Putzier Over his 30-year career, Kevin Swill says he has gone “full circle” on all sides of a real estate financing deal. As a young bank executive
Featured
Plumbers, mechanics haul DOB into court over modular safety
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New York’s plumbers and mechanics have hauled the city into court for giving development giant Forest City Ratner a free pass on modular safety.
Featured
ConEd offering to pay drivers, landlords to amp up electric car usage
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New York Auto Show visitors can see Hyundai’s newest small SUV this week at the Javits Center. It has LED headlights, 17-inch alloy wheels and it runs