Wolkoff’s firm still on hook for $6.7M in 5Pointz whitewashing: court
The U.S. Supreme Court denied a petition by the late Jerry Wolkoff’s development firm to revisit a ruling over...
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Jerry Wolkoff, prolific New York developer, dies at 83
Gerald “Jerry” Wolkoff, the brash and prolific New York developer, has died at 83. Wolkoff suffered a brief neurological...
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Has coronavirus killed real estate’s “handshake deal?”
UPDATED, 11:46 a.m. March 11: The “handshake deal” has been a core component of real estate transactions for decades,...
Judge upholds $6.75M award for 5Pointz artists
A U.S. Appeals Court in Queens upheld a 2018 ruling against developer Jerry Wolkoff on Thursday, approving a $6.75...
Some builders upset as voters add red tape to projects
Much of the excitement around New York’s election Tuesday centered on the approval of ranked choice voting, but passage...
Long Island Cheat Sheet: Amazon’s LIC withdrawal causes development concerns, Central Islip rental project secures $65M in financing… & more
Amazon pullout could hurt Long Island development Economic officials on Long Island are worried that Amazon’s surprise decision to not build its second headquarters...
Long Island Cheat Sheet: 7K new construction jobs created on the island in the past year … & more
Long Island added more than 7,000 construction jobs in the past year Between August 2017 and last month, Nassau and Suffolk gained a combined ...
The wolf in Wolkoff: Why the developer isn’t budging on building a mini city on LI
From the Long Island market report: Battle mode may come with the territory when building Long Island’s largest project since...
Long Island Cheat Sheet: Tritec Real Estate ranked as the area’s top developer, Versailles-inspired mansion in Old Brookville listed at $60M … & more
5Pointz developer must pay artists $6.7M
A federal judge on Monday awarded 21 5Pointz artists $6.7 million, finding that developer Jerry Wolkoff wrongfully painted over their work at the graffiti mecca without warning. Judge Frederic Block ruled that Wolkoff violated...