government briefs

Blackstone just sold off a 29M sf national industrial portfolio

Fresh off acquiring one of the largest industrial portfolios in history, Blackstone has turned around and sold a piece...

Government briefs: Proposed zoning “standard” could cap height of Gamma’s Sutton Place tower, Michael Stern promises to pay for flood barriers in exchange for air rights … & more

Government briefs: Developers who build off-site affordable housing no longer eligible for 421a, DA nails landlord who forged deed transfers … & more

From the October issue: Far Rockaway rezoning could bring 6.5M sq. ft. of new office space The City Council unanimously approved a $288 million...

An obscure government bureau with a $7B portfolio could be commissioning embassies around the world

The Bureau of Overseas Building Operations, the State Department division in charge of the constructing and designing American embassies abroad, seems to be readying...

Government briefs: Mayor proposes streetcar system, LIC project hits approval roadblock … and more

From the March issue: In what has been hailed as his most ambitious transportation initiative to date, Mayor Bill de Blasio has put forward...

Government briefs: Plan for $1B Javits Center unveiled, LIC hospital project still in limbo … and more

From the February issue: The Jacob K. Javits Convention Center, which was built in 1986 and has become one of the busiest convention centers...