Market
-
RXR Lands $475M Debt Package or 61 Broadway Conversion
As hinted at several months ago, Scott Rechler is cooking up another office-to-residential conversion in Lower Manhattan. RXR secured $475…
Read More » -
SL Green Realty Eyes $360 Million For 1350 Sixth Avenue
SL Green is continuing on its plan to sell $2.5 billion worth of property by putting its 1350 Sixth Avenue…
Read More » -
Buyers of New York City Rent-Stabilized Apartments
When Summit Properties bid on a portfolio of 5,100 mostly rent-stabilized apartments in New York, it turned the assumptions of…
Read More » -
The Case for Replacing Right-to-Shelter in NYC
Everyone on a barstool has a solution to the homeless crisis, it seems. What we need is an expert —…
Read More » -
AI Isn’t Coming For Your Commercial Broker
Newmark was the last of the big brokerages to report earnings this week, and CEO Barry Gosin stuck to the…
Read More » -
Hochul Signs Housing Bills, Winter Eviction Ban Returns
This story gives you a peek at the content coming to our new platform, TRD Policy Pro. Sign up to…
Read More » -
Bally’s Buys Site for Bronx Casino From the City
Casino operator Bally’s is fully in control of its destiny when it comes to developing one of the trio of…
Read More » -
Walmart Buys Its Own Store in Farmingdale for $48M
Walmart is best known for its sales, but it recently made a noteworthy buy on Long Island: itself. The big-box…
Read More » -
One of NYC’s “Worst Landlords” Has Loan in Special Servicing
Barry Singer is considered one of the “worst landlords” in New York City by Public Advocate Jumaane Williams. His lenders…
Read More » -
Inside Mamdani’s First Rental Ripoff Hearing
When Mayor Zohran Mamdani announced his “Rental Ripoff” hearings, he appeared to be advertising a showdown. A poster marketed the…
Read More »