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Bad landlords owe city millions in unpaid fines, says comptroller
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Tens of millions of dollars in fines from bad landlords go uncollected every year, according to an audit by comptroller Scott Stringer. The Department
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Survey finds listings syndication is about quality over quantity
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Syndication has recently emerged as a central issue in the tug-of-war between the Real Estate Board of New York and StreetEasy. REBNY, which is leading
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Principal comfortable with specʼ loan
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Holliday Fenoglio Fowler, L.P. (HFF) announced the $16.2 million in financing for the development of a 290,063 s/f spec industrial project in Newark, New Jersey.
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Newmark brokers $34M Home Depot sale
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Newmark announced the off-market sale of a retail property, occupied by Home Depot, for $34 million. The single-tenant, 120,000 s/f ground leased building
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Rechler starts the reinvention of New Rochelle
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RXR Realty CEO and chairman Scott Rechler was hailed by New Rochelle city officials this morning for his efforts to help revitalize the Westchester city.
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Retail tenants head into holiday season on positive trajectory
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Retailers within Levin Management’s 95-property, 13 million-square-foot leasing and management portfolio are heading into the holiday shopping season on
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New York’s tech sector added nearly 15,500 jobs in 2015
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The New York State technology industry added nearly 15,500 jobs in 2015 bringing the total tech employment in the state to nearly than 370,000, ranking
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Specs appeal brings more jobs to Industry City
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Brooklyn-based eyewear manufacturer M Factory is expanding its production facility at Industry City. Less than three years after arriving at the 16-building
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Slate lends through SCALE for Brooklyn development
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SCALE Lending announced the closing of a $35 million construction loan for a residential development project at 834 Pacific Street in Prospect Heights, Brooklyn.
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Industry City CEO pushes for rezoning, special permit for Sunset Park District
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Four years after Industry City was launched at a 5.3 million s/f industrial site in Sunset Park, the complex is gearing up for more changes as it eyes
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Oro Gold stakes claim on E57th
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ABS Partners Real Estate, LLC has completed a six-year lease at 118 East 57th Street, located between Park Avenue and Lexington, with Oro Gold Cosmetics.
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Chinese logistics giant leases 350,000 s/f NJ warehouse
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CBRE has completed a 346,858 s/f industrial lease for JW Fulfillment, Inc., an international logistics and warehouse fulfillment company headquartered