Deals & Dealmakers
Lighthouse Point breaks ground as Regus signs on as anchor tenant
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Triangle Equities has broken ground on its $200 million Lighthouse Point development on Staten Island with the signing of an anchor tenant a construction
Deals & Dealmakers
Food ordering platform Olo joins tech roster at 1 WTC
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The Durst Organization and The Port Authority of New York and New Jersey announced that Olo has signed a 10-year lease for 36,099 s/f on the entire 82nd
Deals & Dealmakers
Understanding Single-Room Occupancy Laws
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By Adam Leitman Bailey and Dov Treiman Part I Single-room occupancy housing, or more commonly called SROs, exist throughout New York City.
Debt & Equity
Changing rent laws could spark new financial crisis
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By Jonathan Lewis, Founder, JLJ Capital There’s been tons of press over the last few weeks and months about the housing crisis in New York City and the
Deals & Dealmakers
Industry laments new rent regulations
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The most sweeping changes ever made to New York City’s rent regulations have been roundly criticized by a real estate industry that is warning of crumbling
Deals & Dealmakers
Attorneys look for legal challenge to rent Act
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Ever since the new rent regulations — all 74 pages of them — were signed into law by Governor Andrew Cuomo on Friday, real estate attorneys have been scrambling
Featured
Banks: New regulations will worsen NYCʼs housing crisis
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Now that the new rent regulations out of Albany are the law of the land, the trouble for New York’s housing stock will simply worsen. The Real Estate Board
Deals & Dealmakers
Sale in the cards as activists call Mack-Caliʼs $6B bluff
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Office and apartment giant Mack-Cali could be worth $6.1 billon in a sale after a big vote of no confidence from shareholders gave activist investors from
Deals & Dealmakers
Krispy Kreme opening Bronx facility to feed expanding operations
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A week after unveiling a new Times Square flagship, Krispy Kreme Doughnut Corporation has signed a new lease for a commissary in The Bronx to feed its
Banking and Finance
Wells Fargo sells Eastdil Secured
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BEN LAMBERT Wells Fargo has announced the sale of Eastdil Secured, its private real estate investment banking division. The sale follows Eastdil’s management-led
Featured
Immigration reform could bring big boost to housing market
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Chuck Schumer By Holly Dutton A handful of bi-partisan Senators, including New York Senator Chuck Schumer, formally filed an immigration bill last week
Deals & Dealmakers
Foreign investment in U.S. real estate widely underreported
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By Jason D. Meister, Avison Young In 2013, foreign direct investment (FDI) in U.S. commercial real estate achieved record numbers and big headlines.