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Daniel Heflin of Torchlight and 445 Fifth Avenue. (Google Maps, LinkedIn via Heflin)

Torchlight buys $40M delinquent Fifth Avenue retail loan

New York’s much-anticipated distressed deals could finally be starting to appear. The Canadian bank CIBC sold a delinquent $40...

Torchlight buys $40M delinquent Fifth Avenue retail loan
Jeff Sutton and 724 Fifth Avenue (Wharton Properties, iStock, Google Maps)

Jeff Sutton lands $235M refinancing on 724 Fifth

Jeff Sutton snagged a $235 million refinancing on 724 Fifth Avenue, a retail and office property that includes Prada’s...

Jeff Sutton lands $235M refinancing on 724 Fifth
Marc Fisher Footwear founder Marc Fisher, Trump Tower and Eric Trump (Getty)

Trump Org sues Marc Fisher for $1.5M in rent

The Trump Organization is taking shoe designer Marc Fisher to court for allegedly skipping rent payments at Trump Tower....

Trump Org sues Marc Fisher for $1.5M in rent
Mickey Rabina and renderings of his 452,132 square foot building. (Getty, Rabina, Ceruzzi Properties)

The 10 biggest new project filings in NYC

 When it comes to new building filings in the city, 2021 is off to a somewhat slow start. The city’s 10 biggest new building applications filed in January totaled about 2 million square feet...

The 10 biggest new project filings in NYC
Fifth Avenue Stores Empty One Year Into Pandemic

One year into pandemic, Fifth Avenue blighted by empty stores

A social media campaign marketing an empty Fifth Avenue store with the hashtag #FifthAveStrong — meant to be a...

One year into pandemic, Fifth Avenue blighted by empty stores

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