Deals & Dealmakers
Trump tax plan vague on carried interest ‘loophole’
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President Donald Trump, who railed against the carried interest provision in the tax code as he depicted hedge funds as “pencil pushers” who are “getting
Deals & Dealmakers
Executives, politicians pressuring Trump to fund $24B infrastructure project
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Real estate executives and public officials are keeping the pressure on Washington, D.C. to help fund the Gateway Program, the project that industry leaders
Deals & Dealmakers
Senators Schumer, Booker urge Trump to support Gateway Project
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After the Department of Transportation (DOT) announced it was withdrawing from the Gateway Project Board last week, and in the midst of a state of emergency
Deals & Dealmakers
NYCHA’s Olatoye pushing for culture change in ‘devalued’ housing agency
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Shola Olatoye is pushing to alter the work culture inside the nation’s largest public housing landlord. The chair and CEO of the New York City Housing
Deals & Dealmakers
Ex-mob informant Salvatore Lauria withdraws lawsuit against Jody Kriss
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Three years after accusing his former business partner of endangering his life with “mob tactics,” former Mafia informant Salvatore Lauria has withdrawn
Featured
Census citizenship question causes controversy in New York
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A small box on the upcoming U.S. Census has created a big stir in New York and other cities throughout the country. Earlier this week, the U.
Deals & Dealmakers
Trump family’s EB-5 use makes people focus on program’s negatives, experts say
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The EB-5 visa program, which advocates describe as a jobs initiative that has so far injected $20 billion into the US economy, may have been damaged by
Construction & Design
Trump tariffs on raw materials drive construction price surge
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The cost of goods used in construction jumped in April at the fastest year-over-year rate since 2011, with ongoing increases for a wide range of building
Debt & Equity
Report: Trump tax plan disproportionately benefits New Yorkers making over $500,000
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Describing the Trump administration’s tax reform plan as “written by millionaires, for millionaires,” New York City Comptroller Scott Stringer released
Lawsuits
Former socialite Verina Hixon evicted, fined for not paying Upper East Side co-op fees
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A well-heeled Manhattanite and former friend of Ivana Trump has been pushed out of her Upper East Side co-op and forced to pay close to $700,000 in penalties
REBNY Watch
An important opportunity to improve aging infrastructure
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Now that leaders from both sides of the aisle are focused on the major rail project known as Gateway, the real work must begin. We are encouraged by reports
Deals & Dealmakers
Hotel trio aims to bring Manhattan to Moscow
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By Konrad Putzier Trump Soho developers Alex Sapir and Rotem Rosen are planning to take Manhattan to Moscow. A real estate pow-wow took place after the