Market
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RXR Receives Councilperson Support for Shelter Conversion
Scott Rechler’s RXR is poised to redevelop a Clinton Hill site briefly used as a migrant shelter after scoring support…
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Josh Flagg in Contract to Buy East Hampton Estate
Josh Flagg is making a splash in East Hampton, locking down a deal for a new-construction home in the prestigious…
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Luxury NYC Landlord Hit by $19M Cyber Scam
A phishing email may have cost one of Manhattan’s luxury landlords nearly $19 million. Milford Entities, which owns and manages…
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Durst Nears $1.3B Loan to Refinance One Five One
The Durst Organization joined the Manhattan refinancing wave, securing a deal for its One Five One office property in Times…
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TF Cornerstone Converting Former Charles Cohen Building
TF Cornerstone is loading up Manhattan’s next office-to-residential conversion in Midtown, where Charles Cohen once reigned. The real estate firm…
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Eric Adams Backs Landlords, Calls for Housing Reform
Mayor Eric Adams is doubling down on his support for small landlords and calling for further policy reforms he says…
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NYC Stops Landlord from Fixing Decrepit East Village SRO
In 1998, a city inspector walked into 109 East Ninth Street and found a gas meter and piping in a…
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How to Buy a Rent-Stabilized Lease: Pay for Renovations
Which is more powerful, the laws of rent stabilization or the laws of economics? My Monday column was about a…
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NYCHA, Related File Plans at Chelsea Public Housing Site
New York City Housing Authority and Related Companies’ plans for transforming a public housing site in West Chelsea are coming…
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Rialto, Hines Scoop Up $100M in Midtown Office Loans
Rialto Management Group and Hines acquired a trio of loans in Manhattan, each secured by an office property owned by…
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