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Levered and loaded: KKR looks to flex its real estate muscle
National Issue Archive Weekend Edition

Levered and loaded: KKR looks to flex its real estate muscle

There’s a particular kind of “New York is back, baby!” vibe to the Edge, the observation deck at Hudson...

Levered and loaded: KKR looks to flex its real estate muscle
Rob Gronkowski and 35 Hudson Yards (Getty, SOM)
New York

Rob Gronkowski buys Hudson Yards home for $7M

The Bloomberg administration originally planned a stadium for the New York Jets at Hudson Yards. But instead of playing...

Rob Gronkowski buys Hudson Yards home for $7M
Related Companies chairman Stephen Ross and Kara Ross (Getty)
New York

Stephen Ross, wife to divorce after 18 years

Related Companies chairman Stephen Ross and his wife Kara are going their separate ways. The billionaire developer and his...

Stephen Ross, wife to divorce after 18 years
The Vessel at Hudson Yards (Getty)
New York

Related closes Vessel after third suicide

Related Companies has closed the Vessel, the Thomas Heatherwick-designed sculpture at the Hudson Yards megaproject, after a third person died by suicide by jumping from the structure. The developer is working with suicide prevention...

Related closes Vessel after third suicide
Neiman Marcus at Hudson Yards and Geoffroy van Raemdonck (Getty)
National

Neiman Marcus exits bankruptcy $4B lighter

Neiman Marcus has emerged from bankruptcy just four and a half months after it entered the Chapter 11 restructuring process. The court-led process erased $4 billion in debt that the distressed retailer was holding,...

Neiman Marcus exits bankruptcy $4B lighter
Stephen Ross and Hudson Yards (Getty, iStock)
New York

Related halts payments to Hudson Yards EB-5 investors

Related Companies, one of the EB-5 program’s biggest proponents, is halting payments to such investors in Hudson Yards because...

Related halts payments to Hudson Yards EB-5 investors
Developers pulled back on advertising as online traffic and print subscriptions grew (iStock)
New York

Real estate ad dollars vanished as pandemic spread

Eyeballs were looking for real estate to ogle online, but developers pulled back on hawking their properties. The amount...

Real estate ad dollars vanished as pandemic spread
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