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Jersey City presses ahead with massive apartment development
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Bayfront Development Partners, a joint venture of Pennrose and Omni America and BRP Development Group, has been selected to build the first phase of an
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New York job losses highest in history, says DOL
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April job losses were the largest in the history according to the latest numbers from the Department of Labor. The coronavirus has cost one third of New
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Clarion fund secures $10M loan for latest industrial acquisition
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The Clarion Partners Real Estate Income Fund has secured a $10.1 million post-acquisition loan for a 183,000 s/f industrial warehouse and distribution
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Fairstead pays $30M for affordable Florida complex
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New York-based Fairstead announced the $29.5 million acquisition of Federation Sunrise Apartments, a 123-unit Section 8 housing development for the elderly
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Starwood injects $325M into TPG as lender readies for post-COVID opportunity
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TPG RE Finance Trust has entered into an investment agreement with an affiliate of Starwood Capital Group for a commitment of up to $325 million in new capital.
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Celebrities don’t let COVID halt housing moves
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The Duke and Duchess of Sussex, aka Prince Harry and Megan Markle, are waiting out the coronavirus in a new Beverly Hills home. The famous couple and their
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CODE BREAKERS: Tishman fined for not reporting accidents
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Today, the New York City Department of Buildings released its April 2020 enforcement bulletin, which provides highlights of the agency’s actions to sanction
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New Yorkers hold onto their homes during COVID shutdown
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New Yorkers are holding on to their homes during the coronavirus pandemic. A new survey from StreetEasy shows only 717 new homes came on the market in
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Cuomo fast-tracks Penn Station overhaul, asks Trump to fund more work
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Governor Andrew Cuomo is set to ask President Donald Trump to put America back to work with a massive infrastructure investment. The Governor is meeting
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Maloney calls for pandemic insurance for future crises
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New York Congresswoman Carolyn B. Maloney is calling for a pandemic insurance program that could help protect businesses from losses wrought by future
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Expert calls newest COVID law a political stunt
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Legal experts are warning that a new law aimed at protecting small businesses battered by the coronavirus is “unenforceable” and no more than a political
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Investment co. signs new lease at 530 Seventh Ave.
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Savitt Partners announced today that Hickory Lane Capital Management , an investment management firm, has signed a lease at 530 Seventh Avenue, located