Aby Rosen teams up with Rolling Stone publisher on $290M office deal
Aby Rosen closed the book on his latest office deal with help from an unlikely source. Rosen’s RFR Holding...
Elad picks up shovel-ready UES development site
Isaac Tshuva’s Elad Group is getting into a condo project on the Upper East Side. The Israeli billionaire’s development...
Issue
The Closing: Jeff Goldberg
Jeff Goldberg’s Fairstead — the multifamily investment firm he founded with his brother, CBRE’s Andrew Goldberg, in 2014 — is a family business. It’s just not the family business. “My entire family, all my...
Vornado puts FiDi office building on the market as it trims portfolio
Steve Roth’s Vornado Realty Trust is looking to sell another office building as it trims outdated portions of its...
Disbarred real estate attorney Mitch Kossoff gets 4+ years in prison
Former real estate attorney Mitchell Kossoff was sentenced to more than four years in prison Friday for stealing nearly...
Private equity firm tightens grip on distressed Madison Ave building
A private equity firm tied to a wealthy Chinese investor consolidated its ownership of a struggling Madison Avenue property...
National Issue
Empty boxes: As remote work endures, many office buildings are losing value
Blackstone is handing back the keys to an outdated office building north of Times Square. In Chicago, Alliance HP...
Vornado selling Queens office property for $173M
Vornado Realty Trust has struck a $173 million deal to sell its Center Building office property in Long Island...
Midtown hotel portfolio sale suggests big value drop
A portfolio of four Manhattan hotels traded hands in a deal that could reflect how far property values have...
Sam Zell’s EQR wants $750M+ for NYC rental portfolio
Fresh off a big-ticket sale of an Upper West Side apartment building, Sam Zell’s Equity Residential is looking to...