Ex-media chiefs admit to buying NY, Cali real estate with stolen millions from lenders
Two former news media top executives pleaded guilty to a scheme in which they fraudulently secured $35 million in...
Commercial Real Estate
TF Cornerstone exec: How I got over Amazon dumping LIC
Developer TF Cornerstone was to play a major role in the Amazon HQ2 project that died on this day...
Leviathan Capital bringing 132-unit project to Bed-Stuy
Leviathan Capital is proposing a 132-unit mixed-use project in Bedford-Stuyvesant. The firm filed plans for the 129,000-square-foot development at...
JFK Terminal 4 to get $3.8B makeover
John F. Kennedy International Airport is showing the 22 million passengers who travel through Terminal 4 every year some love. The Port Authority of New York and New Jersey’s board members voted Thursday to...
Gianaris wants to reform NYC tax credit programs that drew Amazon
The so-called “Amazon slayer” has set his sights on the benefit programs New York City used to attract the...
Columbia Property Trust reports strong leasing activity in Q4 but stock edges down
Columbia Property Trust’s funds from operations slid in 2019 from the year before. The office real estate investment trust...
RXR project among developments caught up in alleged Gambino mob scheme
UPDATED, Feb. 14, 2020, 3:59 p.m.: An RXR Realty project in Yonkers is one of several ensnared in the...
First American to buy Docutech for $350M
Title insurance giant First American has reached a deal to buy housing tech company Docutech for $350 million. The deal should close by the end of March, and Docutech’s current management team, including president...
Done deal: Forever 21 sold to Simon, Brookfield venture for $81M
A bankruptcy court judge on Thursday officially gave the green light on the sale of Forever 21 to a...
“We underwrite every investment like we’re going to hit a recession”: Brookfield CEO
One of the world’s largest commercial landlords isn’t troubled by predictions about a global economic decline, in fact, its...