Featured
Foreign homebuyers’ retreat from U.S. properties may only be temporary
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With the one-two punch provided by the strong dollar and the volatility in financial markets, the United States’ appeal to foreign homebuyers was expected to wane.
Featured
Attorney Sonia Bain finding rich rewards in practice of real estate law
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An injured ankle is what led commercial real estate attorney Sonia Bain, a partner at the firm Bryan Cave, to the field of law. The daughter of two doctors
Deals & Dealmakers
Tax plan could keep sector on upward trajectory, say experts
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A strong economy and low unemployment fueled Manhattan office leasing last year, which had its best year since 2014, as average asking rents hit their
Debt & Equity
After 18 years, Moinian takes control of 3 Columbus Circle with help of $595M loan
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The Moinian Group has come full circle on 3 Columbus Circle, having closed on a $595 million CMBS loan from J.P. Morgan and Deutsche Bank to refinance
Deals & Dealmakers
Rental builders feel financing squeeze over 421-a expiration
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Two weeks after the expiration of the 421-a tax program, the effects of its demise are starting to be felt, and developers claim that it has put the squeeze
Deals & Dealmakers
Stretched to the max, owners say they are braced for rent reforms
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Rent regulated apartment owners are planning to school lawmakers on the issues they face trying to keep their books in the black as the city faces a fresh
Deals & Dealmakers
Brooklyn tenants accuse landlord of 421a rent fraud
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By Sabina Mollot A tenant advocacy group that’s been systematically investigating landlords who’ve been accused of overcharging renters and deregulating
Debt & Equity
Essex Crossing getting real as financing hits $1.3B
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Delancey Street Associates (DSA) has closed on financing for the construction of 202 Broome Street in the Essex Crossing development. The 14-story mixed
Deals & Dealmakers
London-based Forum takes stake in Dermot Company
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BILL DICKEY The Dermot Company has completed a planned two-year transition and William P. Dickey has retired as founder and CEO after nearly 25 years with the company.
Deals & Dealmakers
NYC Health and Hospitals take half million s/f lease at 50 Water
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NYC Health + Hospitals signed a more than 500,000 s/f lease at 50 Water Street. The agency that operates the city’s public hospitals and clinics will use
Featured
Futterman unveils 25,000 s/f retail showcase at former Sony Building
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The Chetrit Group has tapped RKF to bring 25,000 s/f of retail space at the former Sony Building at 550 Madison to market. Sony will relocate from its U.
Featured
Why millennials can’t, or won’t, get a mortgage
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Millennial homebuyers, most of whom entered adulthood as the housing market collapsed due to misconduct from lenders, continue to face a variety of obstacles