When Rafael Cestero took the helm of the Community Preservation Corporation in 2012, he had never worked out a distressed loan portfolio or sold distressed assets. Nor did he have experience restructuring credit agreements....
New Yorkers could be forgiven if they missed some real estate news as Bill de Blasio’s mayoralty ended, which...
Bill de Blasio, a liberal Democrat who wants to govern New York City, will be more like outgoing Mayor...
Two Trees Management is in talks to purchase the Domino Sugar Factory site on the Williamsburg waterfront for $160...
The site of a stalled Prospect-Lefferts Garden condominium is set to become a city-subsidized middle-income housing project in the...
The city may extend the deadline for developers of multi-family buildings aiming to qualify for the coveted 421-a property...
New York housing officials have identified 200 buildings they say are the most poorly maintained in the city, racking...
Rafael Cestero, the commissioner of the city’s Department of Housing Preservation and Development, will be leaving his position to pursue an opportunity in the private sector. During his five years at HPD, Cestero “put...
Rafael Cestero With mounting numbers of buildings in foreclosure and others in disrepair, city officials and housing advocates say...
While Stuyvesant Town and Peter Cooper Village owners Tishman Speyer and BlackRock Realty said they’d transfer control of the residential complex to creditors two weeks ago, that promise hasn’t come to fruition, due in...
