Articles by David M. Levitt

Such investments have become a critical source of financing for New York real estate projects in recent years. (Credit: iStock)

Preferred equity plays are on the rise, but what’s the catch?

For developer Ian Bruce Eichner, who famously lost his Cosmopolitan hotel project in Las Vegas during the financial crisis,...

Preferred equity plays are on the rise, but what’s the catch?
As the e-commerce industry booms, investors are betting big on new urban warehousing

As the e-commerce industry booms, investors are betting big on new
urban warehousing

When Andrew Chung left the Carlyle Group to launch his own company four years ago, multistory industrial space for e-commerce...

As the e-commerce industry booms, investors are betting big on new
urban warehousing
Thor abandons plans for 800K-sf Red Hook office complex

Thor abandons plans for 800K-sf Red Hook office complex

Joseph Sitt’s Thor Equities is scrapping plans for an 800,000-square-foot office complex on the Red Hook shoreline, a source...

Thor abandons plans for 800K-sf Red Hook office complex
Brooklyn’s muted office buzz: Why even the borough’s trendiest pockets are lagging, despite big predictions

Brooklyn’s muted office buzz: Why even the borough’s trendiest pockets are lagging, despite big predictions

Red Hook Point would seem to have it all. Plans for the Thor Equities Brooklyn office project call for trendy “heavy timber” construction and...

Brooklyn’s muted office buzz: Why even the borough’s trendiest pockets are lagging, despite big predictions
This startup co-founder wants to eliminate real estate’s “middlemen”

This startup co-founder wants to eliminate real estate’s “middlemen”

Sam Tabar, who co-founded Fluidity — a year-old startup in Williamsburg that offers tokenization technology to broker-dealers and financial...

This startup co-founder wants to eliminate real estate’s “middlemen”
Sutton, Sitt score $305M refi for 530 Broadway

Sutton, Sitt score $305M refi for
530 Broadway

Jeff Sutton’s Wharton Properties and Joseph Sitt’s Thor Equities have nabbed a $305 million floating-rate loan on 530-536 Broadway,...

Sutton, Sitt score $305M refi for
530 Broadway
Want to invest in this luxury EV condo project? You can pay in crypto.

Want to invest in this luxury EV condo project? You can pay in crypto.

The Amirian Group is seeking investors for its boutique luxury condominium project in the East Village, but this is...

Want to invest in this luxury EV condo project? You can pay in crypto.
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