Market
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Prosecutors Respond in Jared Solomon’s Vornado Fraud Case
The former Vornado leasing executive accused of stealing more than $9 million from the firm allegedly created fake brokerages and…
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Michael Shvo Considers Bulk Sale at Mandarin Oriental
Developer Michael Shvo is considering dumping the remaining units at his Mandarin Oriental Residences. Shvo and the other investors behind…
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Milford Faces Lawsuit from Condo Board over Phishing Scam
A malicious email has turned into a nightmare for Milford Management Milford Management was allegedly duped into handing over $19…
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Rudin Moves Ahead on 845 Third Ave Conversion
The long-gestating conversion of 845 Third Avenue in Midtown East is seeing progress in the form of a Department of…
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Nord, Acre Secure $114M Loan for Long Island Multifamily Dev
Two titans of real estate finance joined forces to lend to a multifamily project on Long Island. Bank OZK and…
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NYFW Brings Glamour, Exposure to City’s Commercial Properties
In the 1990s, fashion designers descended twice per year on Manhattan’s Bryant Park to preview their upcoming collections to buyers…
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CAC Rejects Silverstein Casino
For the foreseeable future, Silverstein Properties’ site on 41st Street and 11th Avenue will remain a “giant hole in the…
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Brookfield Brings 660 Fifth to Full Occupancy
It took less than four years for Brookfield Properties to turn the emptied-out shell of 666 Fifth Avenue into a…
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Queens Senior Housing Project Scores Public and Private Funding Despite Hurdles
Building New York City real estate is never easy. But some projects are more difficult than others. After years of…
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Condé Nast Locks Down 192K SF Sublease at 1 WTC
Months after reports emerged of a sublease deal in the works, Condé Nast finally found a taker for 192,000 square…
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