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The mortgage rate fall could stoke homebuyers appetite, after months of prohibitive rates, though it is not clear if rates will bounce back up. → Read More
Vacancy for Long Island City Class-A buildings was 43.1% at the end of 2022. → Read More
The Madison Realty Capital CEO says his company is stepping in on many projects that are in the middle of construction but need more money to be completed. → Read More
The deal fell through because the buyer could not secure financing, the Manhattan tower's Israeli owner said in regulatory filings. → Read More
Overall, office visits are over 60% of their pre-pandemic levels, according to new analysis by location tracking firm Placer.ai. → Read More
Macklowe Properties acquired the 1.25M SF property in 2014 from the Bank of New York. → Read More
New York City and its real estate industry are trying find ways to turn obsolete office buildings into residential, but challenges are numerous and complex. → Read More
Mack now owns the entire loan, which features a $53.7M senior piece and a $31.3M mezzanine piece. → Read More
Frank Carone left his job in city government last month to set up his own consulting firm. → Read More
The REIT will provide acquisition and development funds for indoor farms to be leased to Plenty, starting with a facility in Virginia. → Read More
Thor bought the adjacent buildings in 2011 for $108.5M. → Read More
The developer of the controversial One45 Harle for All project in Harlem explains the bumpy road the proposal has taken and what lessons can be learned. → Read More
Blackstone's loan is for $271M is securitized by 637 units. → Read More
Chief among the challenges, panelists said, is the construction lending environment. → Read More
Doug Harmon and Adam Spies are leaving the brokerage after six years to become co-heads of Newmark’s U.S capital markets business. → Read More
15 Laight St. spans 108K SF and the building is newly developed. → Read More
In its last bankruptcy in January 2021, Tuesday Morning closed around 200 stores, reduced debt and lowered its headcount. → Read More
Serendipity Labs will operate 41K SF at 205 East 42nd St. in a 10-year management deal. → Read More
Square Mile Capital's Samir Tejpaul speaks to Bisnow Reports. → Read More
MSG's permit was extended in 2013 until this July, but it has now asked to see if it can stay on the property forever. → Read More