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Sky dancers wow first crowds at Hudson Yards sky deck
08
New York City’s newest must-see attraction opened in spectacular fashion this morning with a performance by aerial dancers dangling 1,000 ft.
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REBNY president blasts builders unions, urges city to go open shop
05
REBNY President John Banks blasted the city’s construction unions for their decision to picket the Hudson Yards work site, accusing members of being overpaid and corrupt.
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Commission funding firm looks to bridge pay-day gap for New York agents, developers
07
New York investors Briggs Elwell and Daniel Kennedy are turning their hand to broker commissions, launching a new firm that will advance payments immediately.
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Landlords lead push to get city back to work
07
Some of New York’s leading commercial landlords are joining the campaign to get the city back to work. Governor Andrew M. Cuomo announced that 21
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Maplewood, Omega deliver luxury tower for NYC seniors
05
Maplewood Senior Living and Omega Healthcare Investors have officially opened Inspīr Carnegie Hill, a new luxury senior living community on the Upper East Side.
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Senior housing next for rent regulation overhaul?
05
A rapidly growing population of urban seniors is giving some investors gray hair. Fears are brewing that if developers can’t meet demand from a ‘silver
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MKF buys Related’s One Union Square for $211M
07
MKF Realty (MKF) has closed on the purchase of One Union Square South from Related Companies for $211 million, the company announced. MKF is retaining
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Experts discuss how people’s ordering habits are changing building design
06
In residential real estate, the season of giving is the season of receiving—as in hundreds of packages a day. Between online shopping and food delivery
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New Moynihan Train Hall to open on New Year’s Day
05
The new $1.6 billion Moynihan Train Hall will open on New Year’s Day. One of New York’s most ambitious transportation and infrastructure upgrade
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Related closes $590M affordable homes purchase
07
Related Companies has closed on the acquisition of 7,837 affordable housing units from Apartment Investment and Management Company, making Related one
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Related’s Jay Cross joins Howard Hughes as president
05
Jay Cross, the former Related president who led the company’s development efforts of the 28-acre Hudson Yards, has been named resident of the Howard Hughes Corporation.
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New $1B Related fund to target gateway cities, urban markets
07
Related Companies announced the final closing of Related Real Estate Fund II, an operator-sponsored opportunity fund, with equity commitments of over $1 billion.