Tennessee pension fund joins A&E on Sutton Place apartments
A&E Real Estate, one of New York’s biggest landlords, brought in Tennessee’s state pension fund to close on the...
National
Chinese developers in US struggle as Evergrande mess threatens business back home
As the mess over China Evergrande Group — now the world’s most indebted developer — threatens to blow up...
HUBBNYC pays $105M for Harlem apartment building
Harlem’s 125th Street has epitomized the real estate industry’s confidence in New York City’s recovery, with retailers including Target...
Activist hedge fund Engine No. 1 to open Meatpacking District office
Activist hedge fund Engine No. 1, which is shaking up Wall Street with its push to get Big Oil...
Co-living startup The Collective set to lose flagship development project
Co-living startup The Collective is set to lose its flagship shared-living development project as the pandemic takes its toll...
Cuomo’s High Line project survives him, boosting Brookfield
Andrew Cuomo’s resignation last month left the fate of several of his pet projects up in the air. At...
National Issue
The big inflation hedge that wasn’t
Real estate is a good hedge against inflation. So now that rising prices are dominating the economic discussion, one would expect a surge in real estate investment. But in the Covid era, that has...
SJP claims final victory in 200 Amsterdam fight
A three-year fight over the Upper West Side’s controversial 200 Amsterdam condominium tower has come to an end as...
Ida flooding caused up to $24B in property damage Northeast: study
Catastrophic flooding in the wake of Hurricane Ida caused up to tens of billions of dollars in damages to...
Brookfield taking big loss on Fifth Ave retail condo
A great retail reset is underway as owners of pricey shopping properties unload them at a loss. In the...