Featured
JLL Spark makes first acquisition as industry gets serious about technology
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JLL Spark, the tech division of the global real estate services company, has made its first acquisition as the traditionally staid sector  steps up its
Deals & Dealmakers
Accusations of mob tactics muddy fight over money
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By Sarah Trefethen The controversy surrounding former employees of Tevfik Arif’s Bayrock Group is part spy novel, part courtroom procedural, part financial drama.
Featured
Chuck Schumer, Richard LeFrak named among annual REBNY honorees; Rob Speyer is Distinguished NYer
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The Real Estate Board of New York (REBNY) announced the leaders who will be presented with top honors for their outstanding professional success and exceptional
Deals & Dealmakers
Welltower and Hines pay $61M for senior living development site
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Welltower Inc. with joint venture partner, Hines, have closed on a $61 million purchase of an Upper West Side property and plan to build a 17-story senior
Deals & Dealmakers
Taconic, SIlverstein welcome biotech firm to their Hudson Research Center
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Taconic Investment Partners and Silverstein Properties , joint venture owners of The Hudson Research Center at 619 West 54th Street,  have signed a lease
Debt & Equity
Heitman on lookout for standout investments with latest $1.1 billion fund
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Heitman, a global real estate investment management firm, announced the final closing of Heitman Value Partners IV at more than $1.1 billion, surpassing
Deals & Dealmakers
As e-commerce grows, New York City’s industrial market booms
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E-commerce demands have New York City’s industrial market on the rise. With at least seven multilevel distribution centers likely to break ground in Brooklyn
Debt & Equity
Banking powerhouse accuses Fed of misleading Americans
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William Rhodes, a retired senior vice chairman and senior international officer at Citigroup and Citibank, urged the Federal Reserve to make a move on
Deals & Dealmakers
Developer ready to lift and tuck old theater in bold move to create Times Square star
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Times Square Theater is in the midst of a major facelift that will see the front of the historic building literally lifted up. The historic theater at
Featured
Millennial migration changing workplace norms
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The nation’s biggest corporations are on the move, setting up offices and headquarters in major cities as well as second- and third-tier metro markets
Deals & Dealmakers
Remaining West Chelsea air rights may be sold at a premium at $500 per s/f
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The supply of air rights in West Chelsea, the area that covers the High Line and Chelsea Market, has been reduced to a trickle. Now, local officials are
Debt & Equity
Bubble back on real estateʼs mind
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Proceed with caution. That’s the message from the number crunchers at UBS as the word ‟bubble” re-enters the real estate vernacular. In it’