Market

Forecasting New Dev in Rezoned Midtown South  

Create an account to continue Sign Up Over the next 10 years, the city expects some 9,500 apartments to be…

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CMBS Distress Rate Climbs to Record 11.8%

The CMBS market just hit a grim milestone: distress levels are higher than at any point in history. The commercial…

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Silver Creek Acquires Wagner Hotel After Messy Bankruptcy

The former Ritz-Carlton hotel in Battery Park City has a new life. Scottsdale, Arizona-based Silver Creek Development acquired the lease…

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How WeWork Became Amazon’s Real Estate Fixer

When Amazon’s back-to-office mandate turned into a real estate headache, WeWork swooped in. The coworking giant inked a 259,000-square-foot expansion…

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NYC Board of Elections Approves Housing Ballot Questions

The city’s Board of Elections on Tuesday unanimously approved three ballot measures that would speed up housing construction and weaken…

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Mitchell Kossoff To Seek Parole

Mitch Kossoff will make his case for early release from prison later this month. Kossoff, who was sentenced to a…

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Jeff Blau, Aby Rosen Set Anti-Mamdani Meeting

The real estate industry continues to take sides in the contested mayoral race, leading prominent developers to gather behind closed…

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Leslie Garfield Partners With London-based Firm

Leslie Garfield is flexing its townhouse prowess across the pond.   The 50-year-old brokerage, known for selling single-family homes, has teamed…

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Fashion Designer Desires $50M for Hamptons Home

Designer Reed Krakoff is peddling another piece of prized property in the Hamptons.  Krakoff listed his property at 55 and…

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Barnett Scores $1.2B Equity Infusion for Disney Campus, More

Extell Development landed a $1.2 billion lifeline for its jam-packed pipeline.  An undisclosed hedge fund is taking a preferred equity…

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