City sides with tenants at Stuy Town in case against Blackstone
New York City is siding with Stuyvesant Town tenants in their challenge against their landlord, Blackstone, while industry pros...
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Stuy Town tenants sue Blackstone to stop rent hikes
Tenants at Stuyvesant Town and Peter Cooper Village are suing to block Blackstone, the world’s largest commercial landlord, from...
Vanbarton Group scores $240M Blackstone refi for 980 6th Avenue
UPDATED, Thursday, March 6, 2020, 3:17 pm: Vanbarton Group has secured a $240 million refinancing from Blackstone for its...
Pol seeks to punish landlords with “warehousing fee” for vacancies
A Manhattan politician wants to penalize landlords for “warehousing” rent-stabilized apartments and use the proceeds to address the city’s...
MIPIM postponed until June as coronavirus spreads
Come back in June, folks. A day after organizers of MIPIM — one of real estate’s largest annual events...
Blackstone plays it safe with $2.7B Japanese rental property deal
Blackstone Group and its institutional investors see stability in Japan’s low-upside residential market. The New York-based financial firm has...
Blackstone is latest real estate giant to back Dealpath
In the latest proptech bet by a major real estate player, private equity giant Blackstone has made a strategic...
Coronavirus exodus: CRE bigwigs ditch MIPIM
UPDATED, Feb. 28, 2:17 p.m.: Fears of the rapidly spreading coronavirus have caused some of the world’s most prominent commercial real estate companies to pull out of a major commercial real estate conference in...
How Blackstone became the world’s biggest landlord
Until about a decade ago, Blackstone Group derived most of its profits from traditional private equity. But following a...
Blackstone’s warehouse play challenges Prologis’ claim to the throne
Long before windowless warehouses became a sexier investment than luxury condos, Prologis was king. The San Francisco-based company bought...
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