Fairway Market files for bankruptcy, plans to sell stores
Fairway Market has filed for Chapter 11 bankruptcy protection, a day after refuting reports that it was planning to...
Bob Gladstone, Gemdale put FiDi supertall on hold
Experts take issue with proposed tax on mezzanine loans
Lendlease disputes city’s penalty in 2018 death at Central Park Tower
Failed Sutton Place developer files for bankruptcy
Jumaane Williams announces new plan to crack down on landlords
Latest News
Jumaane Williams announces new plan to crack down on landlords
Public Advocate Jumaane Williams has announced plans to introduce new legislation to hold landlords more accountable. In a “State...
Bob Gladstone, Gemdale put FiDi supertall on hold
Madison Equities and Gemdale Properties’ supertall condo at 45 Broad Street will be delivered shorter and later than expected,...
Lendlease disputes city’s penalty in 2018 death at Central Park Tower
After a glass panel fell from Central Park Tower and fatally crushed a 67-year-old security guard two years ago,...
Loan wolves: Bankers are stalking developers as debts come due
It was one of many signs last year that a growing number of New York City condo developers are...
Experts take issue with proposed tax on mezzanine loans
Experts say a proposed tax on mezzanine debt would raise the cost of financing across the board in New...
Failed Sutton Place developer files for bankruptcy
Joseph Beninati was once the face of an ambitious Manhattan development that would have put him on the map...
Express to close 100 stores, stock jumps 21%
Clothing retailer Express will close 100 stores by 2022, joining the growing group of retail chains that have announced...
Flo Rida is building a vodka distillery in Fort Lauderdale Opportunity Zone
Instead of popping bottles, Flo Rida will be filling them up. The rapper, singer and songwriter is partnering with...
Inside The New York issue
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Brokers feeling more upbeat for the first time in a year: REBNY
After a year of setbacks in the New York real estate market, broker confidence surprisingly shot up toward the...
SL Green lends $59M for mixed-use Brooklyn project
The Daten Group has landed $58.5 million in financing from SL Green for a mixed-use building Daten is planning...
Virtual brokerage Fathom Holdings files for IPO
Cloud-based brokerage Fathom Holdings, which charges agents a flat fee per deal, wants to raise $14 million through a...
Bond New York snaps up 56-agent Midtown firm
Three months after shutting its Chelsea office — and amid a tough market — Bond New York has acquired...
Cuomo makes prevailing wage pitch in proposed 2021 budget
Gov. Andrew Cuomo has revived efforts to require union-level wages on certain publicly funded projects. Under the governor’s proposal...
Fairway says it isn’t shutting down, despite reports
Fairway Market has disputed an explosive report that it plans to shut down, writing on Twitter that it “has...
Real estate bigwigs sound off on politics at REBNY gala
The tough political environment was the topic du jour at REBNY’s 124th annual banquet last week. From the new...
WeWork offloads stake in the Wing and software startup
WeWork has severed ties with two more startups that joined the office space company before its downfall. The office-space...
Sheldon Silver’s conviction for real estate scheme is upheld
Sheldon Silver’s conviction in a real estate corruption case was upheld Tuesday by a federal appeals court, although he...
My Neighborhood: Westchester—The Sporting Life
Popular sportscaster Bruce Beck’s life in Westchester revolves around family, work, and, of course, sports. “I get to take advantage of all...
More transparency in RE development, with Alex Elkin from Eastbound
Alex Elkin, founder and owner of Eastbound Construction, has been working in Real Estate Development & construction for over...
Using Rooftop Solar to Offset Local Law 97
Local Law 97 affects a large majority of real estate in New York City, including 50,000 existing properties. For affected commercial and industrial buildings, solar installations now can help reduce the possibility of future...