Construction & Design
CODE BREAKERS: Sciame fined after worker injured; Facade inspector suspended for false reports
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The New York City Department of Buildings March 2019 enforcement bulletin, provides highlights of the agency’s actions to sanction and deter bad actors
Deals & Dealmakers
Sale of Milford Hotel land fetches $325M
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  Milford Hotel By Sarah Trefethen A partnership of Deutsche Asset & Wealth Management’s real estate investment business and David Werner have
Deals & Dealmakers
NYC property tax out of order, say experts
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By Sarah Trefethen Wading through city tax codes is like an episode of Law & Order. You can stop wondering if taxes on your New York City residential
Residential
TOWN announces plan to restructure Manhattan footprint
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TOWN Residential has announced plans to restructure its Manhattan footprint. The brokerage  – which has grown from 99 agents from its founding in
Deals & Dealmakers
Hudson’s Bay says ‘yes’ to 485,000 s/f Brookfield space
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Brookfield Place Brookfield Property Partners today announced that it has completed leases with Hudson’s Bay Company totaling 485,000 s/f at its
Deals & Dealmakers
Landlords group to call for four percent hike on one-year leases
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The Rent Stabilization Association, which has sued the de Blasio administration over issues such as water rates and rent freezes, will call for a four
Construction & Design
New LIC condo planned
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Axelrod Development Group and Lions Group are planning a 76-unit condo in Long Island City. Shimon Shkury The partners purchased a development site featuring
Deals & Dealmakers
Young guns set their sights on becoming tomorrow’s real estate success stories
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By Al Barbarino The city’s young real estate entrepreneurs are using unique investment strategies to become tomorrow’s success stories. In some circles
Deals & Dealmakers
Northwood secures $150M loan for 100 Broadway in FiDi
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Northwood Investors has secured a $150 million mortgage for 100 Broadway in the Financial District, according to city records. The Metropolitan Life Insurance
Deals & Dealmakers
Hudson’s Bay completes $400M refi of Lord & Taylor’s Fifth Ave. flagship
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Canadian retail conglomerate Hudson’s Bay Company has just closed $400 million in refinancing for the Lord & Taylor flagship in Manhattan.
Deals & Dealmakers
Solow closes $1.2B mortgage for 9 West 57th Street
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Developer Sheldon Solow has closed a $1.2 billion fixed-rate mortgage for the Solow Building at 9 West 57th Street. According to finance and securitization
Deals & Dealmakers
WeWork takes four floors at Beacon Capital’s 575 Fifth Avenue
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Beacon Capital Partners announced that WeWork, the global workspace, community and services provider, has signed a lease for 58,000 s/f at 575 Fifth Avenue.