Deals & Dealmakers
2019 marks new era for Garment District as rezoning unlocks development potential
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The City Council has voted to change the fabric of the Garment District with a major rezoning plan. The council approved a rezoning that it said will better
Featured
First rental to open at Durst’s Halletts Point has all elements for community-building
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A newly opened building at the sprawling mixed-use development, Halletts Point, is helping to transform Astoria from a residential outpost to a magnetic
Deals & Dealmakers
Workville expands, creating co-working space that’s as exclusive as a nightclub
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Workville, a new co-working firm backed by real estate investors Charles Aini and Eli Chetrit, is expanding at 1412 Broadway near Times Square.
Construction & Design
Trump infrastructure plan gets a lukewarm real estate reception
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President Trump unveiled his administration’s $200 billion infrastructure plan this week to a lukewarm reception from the real estate industry and elected
Construction & Design
L&L tops out 425 Park Avenue
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L&L Holding Company Chairman and CEO David W. Levinson and President and Chief Investment Officer Robert Lapidus were joined by Pritzker Prize-winning
Deals & Dealmakers
Altice USA move, consolidation drives L.I. office sublease market
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Cable and internet provider Altice USA’s office shuffling in Nassau County headquarters continues to drive up Class A office subleasing availability in Long Island.
Construction & Design
PA mulls new bus station plans
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The Port Authority is considering a trio of options to rebuild its 42nd Street bus terminal. One plan calls for rebuilding the 70-year-old terminal on site;
Featured
Food Halls the WeWork of restaurant biz, says celebrity chef Todd English
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Calling them the WeWork of the food industry, celebrity chef Todd English warned food halls are not a magic elixir for struggling retail owners.
Construction & Design
Real Estate industry ready to work with new city council speaker Corey Johnson
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The newly-elected City Council speaker Corey Johnson won’t be shying away from real estate issues. Johnson, 35, was elected in an overwhelming majority
Deals & Dealmakers
Stuy Town air rights deal a key piece of housing puzzle
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By Sabina Mollot Blackstone’s $5.3 billion purchase of the sprawling Stuy Town apartment complex also bought the firm a jumbo 700,000 s/f of air
Deals & Dealmakers
Seven-story mixed-use building coming to Dutch Kills
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A seven-story mixed-use building with 200 apartments and ground-floor commercial space is coming to Long Island City’s Dutch Kills neighborhood.
Deals & Dealmakers
SL Green makes $440M Hudson Yards play
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SL Green Realty Corp. announced that it has entered into a contract to purchase a majority and controlling interest in 460 West 34th Street, in Manhattan.