Deals & Dealmakers
TRANSACTIONS: Meridian negotiated six new mortgages for total of $15.3M; GCP arranges $27.8M in mortgage financing
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Meridian negotiated six new mortgages in the amount of $15,300,000 on six multifamily properties located in Union City, NJ. The loans feature rates of 3.
Construction & Design
CODE BREAKERS: Fire hazards, illegal conversions and more May DOB violations
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New York’s Buildings Department released its May 2018 enforcement bulletin, highlighting bad actors in the construction industry that were punished
Deals & Dealmakers
Protests and demonstrations before final Inwood rezoning vote
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A rezoning plan for the neighborhood of Inwood, at the northern tip of Manhattan, is just one vote away from becoming reality. And while the plan has the
Featured
AG creates $8 million restitution fund for former Croman tenants
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Former tenants of jailed slumlord Steven Croman could be in for a share of an $8 million restitution fund just announced by New York Attorney General Barbara D.
Construction & Design
Related unveils new lobby, courtyard at Blanchard in LIC
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Related Companies unveiled the new lobby and courtyard at the reimagined Blanchard Building in Long Island City. Located at 2110 51st Avenue, the seven-story
Deals & Dealmakers
Rabsky secures $55M construction loan for new development
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Madison Realty Capital (MRC) closed a $55 million first mortgage loan collateralized by a mixed-use development site at 948 Myrtle Avenue in the Bedford
Deals & Dealmakers
Paul Massey launches new investment sales firm
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Nearly a year after officially launching a bid for New York City mayor, and two months after leaving Cushman & Wakefield, Paul Massey has started a
Construction & Design
Report: Immigration restrictions hurting construction sector
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Federal restrictions on immigration could hinder an already-struggling workforce, according to the Associated General Contractors of America.
Views
OPINION: Public-private partnerships are NYCHAʼs first good news in decades
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By Jessica Katz Recently, there has been a great deal of attention paid to the deterioration of New York City’s public housing stock and the plight of
Deals & Dealmakers
How headcount could replace price per square foot
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Landlords could start charging per person instead of per foot if co-working advocates have their way. As the industry’s office space continues to evolve
Featured
Production company ditches SoHo for 30,000 sf in Industry City
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A Los Angeles-based production company is abandoning its SoHo digs for 30,000 s/f of studio and office space in Industry City. Buck, which also has offices
Featured
50 landlords can’t collect rent because the law says so
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Tenants of at least 50 buildings in the trendiest neighborhoods of Manhattan, Brooklyn and Queens have lived rent-free for years and their landlords can’t