Nightingale buys Whale Square in Sunset Park for $84M
Madison Realty Capital has parted with its industrial-to-office conversion in Sunset Park. Nightingale Properties paid $84 million for the...
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Orion Jones
New York lost $755M in real estate tax revenue this year: REBNY
September was the cruelest month yet for tax revenue generated from real estate sales. The number of transactions has...
Another fitness studio in Manhattan goes belly-up
An independently owned gym in Lower Manhattan has fallen victim to Covid-19, joining a long list of businesses ravaged...
Richard Ruben accuses Jonathan Resnick of usurping control of Midtown building
UPDATED, Oct. 16 2020, 4:30 p.m.: Richard Ruben has accused business partner Jonathan Resnick of usurping control of a...
Amazon inks huge deal for 975K sf warehouse
Amazon’s industrial footprint in New York City is officially Bigfoot-sized. The e-commerce giant secured a 975,000-square-foot warehouse at the Matrix Global Logistics Park in Staten Island, Crain’s reported. It was the largest industrial deal...
San Francisco mayor blasts “lefty movement” for blocking housing
San Francisco Mayor London Breed didn’t mince words in telling a leading podcast of her city’s tendency to torpedo...
Bed Bath & Beyond closing Chelsea store for good
Editor’s note: Following publication of this story, Bed Bath & Beyond said that contrary to a notice it filed...
Deal for pizza-pan manufacturer rounds out last week’s mid-market sales
The outer-boroughs continue to dominate the middle of the investment-sales market, with the only deals last week between $10...
Park Slope homes lead Brooklyn’s luxury deals this week
Top luxury sales in Brooklyn last week put a premium on outdoor space, as many in the city adjust...
Real estate stocks bounce back amid fresh stimulus hopes
Renewed hope for an economic stimulus package lifted markets to their highest level in three months, with real estate...