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Partners begin work on new East New York complex
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50 Penn will offer 218 rental apartments. Ground has been broken for 50 Penn, a new mixed used residential development in East New York.
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Joint ventures: Look before you leap
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By Marc Newman, associate managing partner, Anchin, Block & Anchin LLP Sometimes, taking the next step to a larger project seems like climbing a mountain.
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Changing New York rent laws could spark financial crisis
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By Jonathan Lewis, Founder, JLJ Capital JONATHAN LEWIS There’s been tons of press over the last few weeks and months about the housing crisis in New York
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Landlords enduring love-hate relationship with co-working
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Flexible office leasing is a top-heavy industry in the U.S., with the top 10 companies controlling more than a third of the square footage nationwide.
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Olshan Frome Wolosky setting a trend with new 6th Avenue lease
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At a time when many law firms are scaling down in space, Olshan Frome Wolosky has announced it will expand into a 53,110 s/f space at 1325 Avenue of the Americas.
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Storage upstart Clutter collects more space in New Jersey
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Clutter, the fast growing tech-enabled storage company that lets clients store extra stuff without actually leaving their house, has inked a deal for 450,000
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Secret LLC condo buyers set to get city tax break
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The city is moving to give cops and judges a break on their tax bills for using the same paper trails as crooks to hide their identity. The Department
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Rudin signs two non-profits at 355 Lexington Avenue
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In a series of separate transactions, the Rudin Family is relocating two of its longtime nonprofit tenants to custom-built office suites within 355 Lexington
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Rob Speyer takes reins as sole CEO at Tishman Speyer
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ROB SPEYER Tishman Speyer, the owner of trophy assets such as the Rockefeller Center, the Metlife Building and Yankee Stadium, is undergoing a leadership handover.
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Eastern Union Funding lowers fees as brokerage barrels towards another record year
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Pioneering money broker Ira Zlotowitz has announced he will cap his company’s fee for the second time in a year as Eastern Union Funding barrels
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Carnegie Hall Tower reels in another tenant
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Another deep-pocketed tenant has signed a lease at the Carnegie Hall Tower. TR Winston & Company, a privately held investment banking firm, has leased
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REBNY giving away $75,000 in first Hackathon event
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The Real Estate Board of New York (REBNY) will kick off its first ever #REBNYTech Hackathon, hosted by its newly formed REBNYTech Committee, on Friday