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COVID presses the case for innovation in real estate
06
By Natalie Hwang In the 1920s, President Calvin Coolidge made the saying famous that the business of America is business.   Now, for the real
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Cuomo green lights indoor dining
07
New York City restaurants will be allowed to re-open for limited indoor dining on September 30. In an announcement issued this afternoon, Governor Andrew
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Landlord tax incentives on table as pols push ‘recovery lease’ program
07
Four New York lawmakers are proposing a new program to entice commercial landlords to renegotiate leases and offer long-term, affordable rents to small
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One in ten NYC landlords on brink of default, says CHIP
05
Thousands of housing providers are struggling and some property owners are in dire straits, according to a survey of the members of the Community Housing
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Real estate sales drought costs city $755M in lost taxes
06
The Real Estate Board of New York (REBNY) today reported that total September investment and residential sales volume declined 47 percent and tax revenue
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Manhattan investment sales hit lowest in decade
07
 Manhattan investment sales continued to suffer the consequences of COVID-19 in the third quarter with 21 transactions, the lowest number of sales
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Jonathan Rose raises $525M from ‘impact investors’
07
Affordable housing developer Jonathan Rose Companies has closed on a $525 million impact acquisition fund with investors focused on climate change, poverty
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Investment group buys Silvercup Studios
07
Brothers Stuart and Alan Suna have sold their famed Silvercup Studios to an investment group for a reported $500 million. LA-based Hackman Capital Partners
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French owners bid au revoir to The Broome Hotel
06
One of Soho’s most popular boutique hotels is going up for sale. Adelaide Polsinelli, a vice chairman at Compass, has been tapped to market the 14-room
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Cosmetics queen sells $21M estate as Hamptons bids for year-round status
06
Makeup maven Adrien Arpel has sold her Southampton estate for $21 million. Saunders & Associates’ Mark J Baron represented Arpel, who built the house
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NYC fighting back from ʻanarchistʼ slur
08
Mayor Bill de Blasio today joined Portland and Seattle mayors to condemn President Donald Trump for labelling their cities “anarchist jurisdictions” this week.
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Developers binge on building new movie studios
07
Developer Parviz Farahzad has struck a finance deal for a new film studio on Long Island as demand for movie and television content surges.