Real Estate
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Next phase of affordable Far Rockaway development breaks ground
Rendering by Aufgang Architects Construction is set to begin on an affordable residential building within a new development in Far…
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The Real Deal’s 2024 Residential Broker and Brokerage Rankings
Sitting in Sant Ambroeus in the West Village, Zeve Salman looked out longingly onto the row of eight-figure homes lining…
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Luxury rental in Crown Heights opens lottery for 72 middle-income units, from $1,869/month
Credit: NYC Department of Housing Preservation and Development In an industrial stretch of Crown Heights, a new luxury rental opened…
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Judge Dismisses Eric Adams Criminal Corruption Case
A federal judge has dismissed the corruption charges against Mayor Eric Adams, while ensuring prosecutors cannot revive the case. Judge…
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Rialto Capital Wages War Against Signature Bank Borrowers
It was a small-time landlord in the city’s forgotten borough who slung the first stone. Allen Pilevsky, the owner of…
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NYC Politicians Not Impressed by Real Estate Tax Revenue
An odd contradiction: Council members forecast as much revenue as possible yet discourage the real estate deals that produce it.…
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NYC Law Ramped Up Fines for Illegal Dwellings, Not Deaths
What’s worse: potentially deadly housing or death itself? The answer is eight paragraphs away, but don’t skip ahead. Our subject…
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Analysis of Floyd Mayweather, Jr.’s $402M Affordable Deal
Floyd Mayweather, Jr. turned industry heads last October with a record-scratch of a deal: $402 million for 1,000 affordable units…
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Failed Bidder Sues Over Kingsbridge Armory Redevelopment
A losing bidder for the Kingsbridge Armory redevelopment is gearing up for a battle. Agallas Equities filed a lawsuit in…
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Nir Meir Pays Bail, Leaves Rikers
Former HFZ Capital Group executive Nir Meir is out of jail after spending more than a year detained on Riker’s…
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