Africa Israel reaches settlements with AG, condo residents
Lev Leviev’s Africa Israel Investments reached settlements last week with both the New York Attorney General’s office and residents...
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Russian scheme used NYC buildings to launder $230M: Feds
A group of Russians laundered $230 million from a complicated tax scheme by buying and selling residential and commercial...
Boymelgreen, Africa Israel settle with AG over 20 Pine construction defects
The developers of 20 Pine Street, led by Africa Israel USA, have settled a probe by Attorney General Eric...
Brokers tour remaining units at 20 Pine Street and 75 Wall Street
Two Financial District condominiums, the Africa Israel-developed 20 Pine Street and the Hakimian Organization-sponsored 75 Wall Street, held a...
Building supers take on more tasks
Building superintendants are getting a makeover, as a new breed of supers, sometimes called “resident managers,” are showing how the job has changed over the years, the New York Times reported. “The role of...
Stalled FiDi developments bounce back, but not all the way
From left: Michael Shvo, 20 Pine Street and 25 Broad StreetStalled condominium developments that suffered during the recession are...
The biggest real estate stories of the year
For New York City real estate, 2010 in many ways marked a return to normalcy after the tumultuous aftermath of the financial crisis. As the ubiquitous real estate appraiser and Miller Samuel CEO Jonathan...
Judge rules against sponsors in two 20 Pine ILSA cases
20 Pine Street A federal district court judge denied an attempt by the sponsors of the 20 Pine Street...
Rosen named president of Polar USA after Africa Israel exit
Former Africa Israel USA chief executive Rotem Rosen has been named president of Polar USA/HFZ Capital, The Real Deal...
Boymelgreen faces lawsuit over 20 Pine loan
Shaya Boymelgreen is facing a lawsuit over 20 Pine. Developer Shaya Boymelgreen is facing a lawsuit from Aristone Capital Funding after allegedly defaulting on a $3.2 million loan for Boymelgreen’s former condominium project at...