Tri-State
Fire (Island) sale: Palms Hotel hits the market
Ready to run a luxury boutique hotel? There’s one on the market on Fire Island — a seven-building spread,...
Commercial Real Estate
City’s tallest warehouse could be coming to Queens
Warehouse developers in the U.S. are starting to push the heights of logistics buildings past the ground floor. But...
Microsoft’s Manhattan landlord scores $170M loan
Microsoft’s new landlord in Manhattan’s Flatiron District has landed a $170 million mortgage. Bromley Companies will use the loan...
San Francisco
Facebook parent grabs another 1M sf in Bay Area
UPDATED Dec. 1, 2021, 6:40 p.m.: Facebook parent Meta said Wednesday it signed more than 1 million square feet...
National
Trump could profit $100M in DC hotel sale
Donald Trump’s exit from his Washington, D.C., hotel could net him a nine-figure payday. The former president could score a profit of more than $100 million from the sale of Trump International in the...
Related wades into NYCHA — and becomes a target
Related Companies is the latest private landlord to sign up for fixing New York City Housing Authority buildings —...
National
Enterprise closes low-income housing funds after raising $365M
A nonprofit playing a major role in affordable housing across the country recently closed two funds that combined for...
Manhattan office leasing breaks 3M sf barrier for first time since early 2020
Manhattan’s office market recovery continued last month, even as Covid levels rose in many parts of the state. Office...
Tri-State
Metrovest, Lloyd Goldman secure $218M refi on Montauk resort
Metrovest Equities and Lloyd Goldman’s BLDG Management refinanced their luxury resort hotel in the Hamptons to the tune of...
Bronx landlord could lose property after filing for wrong type of bankruptcy
An age-old adage posits that anyone who represents themselves in court has a fool for a client. A Bronx...