Construction & Design
City builders need new mayor’s vote
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By Sarah Trefethen A new mayor needs an “affirmative hand” on capital spending, says NYBC. The New York Building Congress last month revised
Featured
Commission cuts on the table as new law makes it legal to rebate
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In many ways, New York’s residential real estate scene is ideal for a millennial generation intrigued by the prospect of entrepreneurship and social status.
Deals & Dealmakers
Bargains getting harder to find as Long Island City market booms
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Long Island city wont stay cheap for ever If you ask Evan Daniel, executive vice president of the commercial & investment property division of Modern
Construction & Design
Spy cameras, drug tests keep lid on costs
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Rising insurance costs have put some jobs on hold. When talking about potential threats to development in New York City, most observers mention economic
Deals & Dealmakers
Tenants drinking the Kool-Aid when it comes to elaborate office amenities
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Keeping up with the Joneses is driving a trend in elaborate amenities that could be money down the drain for some landlords. “There is a herd mentality
Debt & Equity
Activist investors keeping REITs on edge
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By Konrad Putzier Last week’s open letter by Marcato to the management of American Realty Capital Properties (ARCP) has rekindled a simmering debate over
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.
Deals & Dealmakers
City signs 200,000 s/f lease at BankNote Building
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Taconic has overhauled the BankNote Building Taconic Investment Partners announce that New York City’s Human Resources Administration (HRA) has signed
Deals & Dealmakers
Xanadu developer wins chance of partial refund
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By Linda O’Flanagan Artists rendering of the new-look American Dream. New York appeals court today (Tuesday) ruled in favor of the former developer
Construction & Design
City’s first modular apartment building unveiled
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By Holly Dutton The city’s first modular apartment building will open in September. New York City’s first multi-unit modular residential building
Deals & Dealmakers
Lawsuits pile up against accused rabbi
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By Daniel Geiger A web of lawsuits have been woven around an allegedly crooked rabbi accused of forging paperwork to steal a whole building.
Deals & Dealmakers
Lam Group eyes REIT to fund global growth
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By Konrad Putzier The Lam Group, a family-owned hotel developer long known for relying on its own equity, is contemplating a major shift in strategy.