An Irish race car driver, a Manhattan developer, a Luxembourg-based investment firm and offshore companies each served as a front for an investment by Sergei Adoniev and Albert Avdolyan in 111 West 57th Street (Illustration…
Home affordability falls to lowest levels in 10…
Home affordability falls to lowest levels in 10 years: report Across the US, home prices are rising faster than wages in many cities (Credit: iStock) Home affordability has reached its lowest levels in a decade,…
Wanna buy a rent-stabilized building? HPD may lend…
Wanna buy a rent-stabilized building? HPD may lend a helping hand Fund for developers and nonprofits will kick off with $7.5M HPD Commissioner Maria Torres Springer and East New York in Brooklyn The city is…
De Blasio’s housing czar Alicia Glen is stepping…
De Blasio’s housing czar Alicia Glen is stepping down She's presided over affordable housing initiative, Amazon deal, NYCHA December 20, 2018 09:00AM Alicia Glen and Bill de Blasio (Credit: Getty Images) Alicia Glen, who has…
Edgardo Defortuna joins Peebles, Stern, Karmely and Karp…
Edgardo Defortuna joins Peebles, Stern, Karmely and Karp for Future City 2019 Join 200 C-level RE execs for high-level learning sessions & networking activities December 20, 2018 09:30AM We’re thrilled to announce Fortune International’s Edgardo…
LIC warehouse that sold for $55M last year…
LIC warehouse that sold for $55M last year just traded for $72M Metropolitan Realty and TH Real Estate sold the property to North River Company December 20, 2018 10:05AM MRA CEO Joseph Farkas and 48-49…
The 10 biggest Brooklyn retail leases of 2018
Clockwise from top left: art from TeamLab, 5200 Kings Highway in Marine Park, and a rendering of 1 Nassau Avenue in Greenpoint (Credit: TeamLab, Target, Cayuga Capital, and iStock) The top 10 retail leases for…
Who owns all of New York?
From left: Mayor Bill de Blasio; Related Companies’ Stephen Ross; SL Green’s Marc Holliday; Vornado’s Steve Roth; Blackstone’s Stephen Schwarzman; Tishman Speyer’s Rob Speyer (Illustration by John Ritter) When Silverstein Properties was bidding on the…
The Natural History Museum’s $400M expansion has hit…
The Natural History Museum’s $400M expansion has hit another hurdle The project is on pause while awaiting a ruling from Appellate court December 20, 2018 11:45AM Community United to Protect Theodore Roosevelt park Chairman William…