Debt & Equity
Institutional investors taking leap into the crowd
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Institutional investors are turning their favorable attitudes about the marketplace lending industry into action, increasing their investment in the sector
Deals & Dealmakers
Executives, politicians pressuring Trump to fund $24B infrastructure project
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Real estate executives and public officials are keeping the pressure on Washington, D.C. to help fund the Gateway Program, the project that industry leaders
Construction & Design
Cuomo pushes infrastructure, an end to homeless in 2018 state of the state
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In his eighth state of the state address, Gov. Andrew Cuomo extolled the importance of infrastructural investment to keeping New York economically competitive
Deals & Dealmakers
Chalmé signs first tenant at 40 Bleecker condo
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Broad Street Development announced that 40 Bleecker, its new boutique luxury condominium project in Noho, has signed it’s first retail tenant.
Deals & Dealmakers
Lightstone closes $91M refinancing for newest Moxy hotel
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Lightstone announced the close of $91 million in financing with Bank of the Ozarks for the company’s third Moxy hotel in New York City. Lightstone plans
Deals & Dealmakers
QuadReal invests $600M in student housing venture
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QuadReal Property Group (QuadReal), CA Student Living (CASL) and GI Partners (GI) have formed a joint venture to acquire, develop and manage student housing
Deals & Dealmakers
Heng Sang Realty buys Cassa Hotel commercial condo units for $80.5M
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William Fung’s Hang Seng Realty has just acquired two commercial condo units at 515 9th Avenue for $80.5 million, according to documents filed with
Debt & Equity
New $1B Related fund to target gateway cities, urban markets
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Related Companies announced the final closing of Related Real Estate Fund II, an operator-sponsored opportunity fund, with equity commitments of over $1 billion.
Deals & Dealmakers
Anita Laremont to replace Purnima Kapur as city planning chief
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Planning Director Marisa Lago just announced that the department’s general counsel, Anita Laremont, will replace Purnima Kapur as DCP’s next Executive Director.
Deals & Dealmakers
Amazon joins Bronx’s last mile club
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Amazon plans to open up a last-mile delivery facility in the Bronx, fueling an increasingly competitive race for New York logistical hubs.
Deals & Dealmakers
18-month long L train shutdown sparks retail worries
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The Metropolitan Transit Authority has announced that it will shut down the portion of the L train that runs between 14 Street in Chelsea and Bedford Avenue
Deals & Dealmakers
Landlord harassment bill may have side effects
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The New York City Council has just introduced a bill that aims to increase the penalties for commercial landlords engaging in tenant harassment.