Most Recent
  • WATCH: Architect David Rockwell on teaming up with celebrity chefs like Nobu and Danny Meyer, growing up in Mexico and a love of “foul hip-hop”

    By Kathryn Brenzel | October 03, 2018 10:00AM
    David Rockwell may be best known for his work with celebrity restaurateurs like Nobu Matsuhisa, Danny Meyer and Drew Nieporent, but his Manhattan-based firm has designed 650 restaurants, hotels, condos, stage sets and even...
  • The verdict on NYC’s top real estate law firms

    By Rich Bockmann | October 01, 2017 01:00PM
    When upstart developer Bauhouse Group made a daring attempt to retain control of its troubled 3 Sutton Place development site on Manhattan’s East Side, it wasn’t just the firm’s...
  • Real estate backs renegade Dems

    By Will Parker | October 01, 2017 01:00PM
    Outside a late September fundraiser for Jesse Hamilton — the state senator from Crown Heights — a small group of protesters jeered as guests began trickling into the chic Noho cocktail lounge Sweetwater Social. “No fake Democrats! Take the New York Senate back!” they...
  • A heavy bar to raise on construction safety

    By Dennis Lynch | September 01, 2017 11:00AM
    Spurred on by the rising number of construction site injuries and deaths over the last few years —  30 construction workers were killed in New York in 2015 and 2016, according to the Occupational Safety and Health Administration — the City Council is working...
  • Can brokers really be bypassed?

    By E.B. Solomont | March 01, 2017 07:00AM
    Rental brokers may be warring with each other over exclusives, but they also face a common enemy: online listings that bypass them altogether. Over the last decade, a string of web- and cloud-based startups have offered landlords a way to connect directly with tenants....
  • Movers and shakers

    By Angely Mercado | March 01, 2017 07:00AM
    Jeff Dvorett, Kuafu Properties’ head of development since 2014, has parted ways with the firm — the latest executive shake-up at the Chinese private equity-backed developer. Dvorett left his post to join Midwood, a New York-based investment and development company. Dvorett, a former Extell...
  • A real estate investors guide to NYC’s most expansive and diverse borough

    By Rich Bockmann | February 01, 2017 07:00AM
    1. LONG ISLAND CITY The former industrial hub-turned-development mecca of Long Island City continues to be ground zero for real estate projects in Queens. Over the last 10 years, roughly 11,000 condos and rental...
  • Towering over 2017

    By Mark Maurer | January 01, 2017 01:00PM
    While Hudson Yards and Essex Crossing continue to inch forward in Manhattan, it’s the booming outer boroughs that will see many of the most ambitious real estate projects realized in the year ahead. The two tallest residential buildings in all of Brooklyn are among...
  • The sloppy 421a dispute

    By Will Parker and Kathryn Brenzel | December 01, 2016 01:59PM
    Since June 2015, the fate of 421a has lain not with the New York State Legislature, which oversaw its renewal for more than four decades, but with two of the state’s largest lobbying groups: The Real Estate Board of New York and the Building...


  • Game on: Eastdil vs. Cushman

    By Mark Maurer | November 01, 2016 12:56PM
    The bombshell news last month that New York City’s top two investments sales brokers, Doug Harmon and Adam Spies, decamped for Cushman & Wakefield after years at Eastdil Secured is still being digested and dissected in the industry. The move — which Eastdil’s CEO,...
  • Seat of power

    By Marynia Kruk | November 01, 2016 11:00AM
    America’s exhaustive and exhausting two-year presidential cycle is drawing to a close, which means that the White House will soon have new — or, at least, newly returned — residents. Spread across 18 acres, the mansion is 55,000 square feet, with 132 rooms, including...
  • Taxpayer tab for 421a comes to $1.4B, theater owners asked to cough up more for air rights deals, Governor’s Island envisioned as work hub, and more…

    By Marynia Kruk | October 01, 2016 02:00AM
    Report: 421a tax exemptions will cost NYC $1.4 billion New York City is projected to forgo $1.4 billion in tax revenue for fiscal year 2017 as a result of the now-defunct 421a tax exemption, which continues to apply to projects that qualified for the...
  • Meet the Chinese moguls pouring money into NYC

    By Konrad Putzier | October 01, 2016 02:00AM
    When Anbang Insurance Group agreed to pay $1.95 billion for the landmark Waldorf Astoria hotel in October 2014, it suggested the beginning of a new era in the scale...
  • Racing against the recession

    By Rich Bockmann | September 01, 2016 01:59PM
    At the beginning of 2013, Joseph Chetrit and David Bistricer set the city’s real estate circles abuzz when they outbid 21 competitors to buy the Sony Building on Madison Avenue for an astonishing $1.1 billion. The team planned to convert the massive 850,000-square-foot office...
  • Co-working spins off

    By Marynia Kruk | September 01, 2016 01:00PM
    At first glance, the Center for Social Innovation looks like your typical co-working or start-up office in the city. Inside the 27,000-square-foot former warehouse space at 601 West 26th Street in West Chelsea, there are rows of professionals sitting at long communal work tables...
  • Which residential firms sealed the most deals?

    By E.B. Solomont | May 01, 2016 03:59PM
    Back in 2014, when buyers were frantically scooping up not-yet-built condos off of floor plans, the city’s leading residential firms must have been dreaming of the moment when those...
  • De Blasio’s real estate money trail

    By Konrad Putzier | May 01, 2016 03:57PM
    Among the interesting nuggets revealed last month by a far-reaching federal investigation into Mayor Bill de Blasio’s fundraising activities was that a little known developer from Los Angeles was among the top bundlers for de Blasio’s 2013 campaign. Altogether, Jona Rechnitz, whose company JSR...
  • New York city's next big retail investors

    By Mark Maurer | May 01, 2016 01:20PM
    Despite signs of a slowdown on several prime avenues, New York City retail investors are invading the market everywhere from Broadway in Soho to Bedford Avenue in Williamsburg. And...
  • America’s unequal retail recovery

    By Matthew Egan | DATA COMPLIED BY EDA KOUCH | May 01, 2016 10:46AM
    The retail industry continues to mend the wounds incurred during the Great Recession, but the recovery has been anything but evenly distributed across a diverse range of properties in disparate locations. Not only has the rebound remained uneven; it’s been complicated by a wave...
  • Designed with star cred, even in Delaware

    By Monica Melton | May 01, 2016 10:43AM
    Celebrity retail ventures are often associated with prime neighborhoods, as with the Kardashians’ boutique apparel chain Dash, located in West Hollywood, Miami Beach and Soho. Established actors, musicians and athletes often set the stage for their initial retail endeavors by siting them in major...