RXR abandons plan for $345M proptech SPAC
One group of proptech investors is getting a refund before the holidays. After nearly two years, Scott Rechler’s RXR has pulled the plug on plans for a SPAC to merge with a proptech company...
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Christian Bautista
Co-living firm’s ex-flagship asks $65M
UPDATED, Dec. 2, 2022, 3 p.m.: Co-living: an idea whose time has come — at least twice, so far....
Texas
T. Boone Pickens’ panhandle ranch has sold for $170M
The 64,000-acre Mesa Vista Ranch, owned by the late oil tycoon and billionaire T. Boone Pickens, sold in two...
Trinity Place gets extension to finish pandemic-slowed 77 Greenwich
Trinity Place Holdings is getting more time to finish its massive, behind-schedule condominium development in the Financial District. The...
National
JLL really wants to be a single-family megalandlord
JLL’s appetite for single-family housing is growing, as an entity of the firm struck yet another pact with Amherst...
National
Vanguard, BlackRock increase stake in Compass
Vanguard and BlackRock have upped their stake in Compass in the third quarter, which was otherwise a lukewarm period...
Urban Commons puts FiDi hotel into bankruptcy
Los Angeles hospitality firm Urban Commons has filed for bankruptcy on the hotel portion of the Wagner at the...
Tri-State
ESRT to sell Westchester County office buildings for $95M
Empire State Realty Trust is ready to trade a pair of Westchester County office buildings for about 15 percent...
Urban Commons in danger of losing FiDi hotel
UPDATED Nov. 7, 2022, 11:56 a.m.: Legal issues continue to mount for Los Angeles hospitality firm Urban Commons. It...
National
Here’s what Airbnb spent on federal lobbying
In the tussle for influence in the country’s legislative chambers, Airbnb is putting its money to work, spending nearly...