Signature achievement: Bank’s loan deferrals down to 9%
Signature Bank, one of the city’s most active multifamily lenders, saw an increase in income and a decrease in...
rent regulation
The Latest
Four bankrupt Brooklyn rentals look to escape rent regulation
Four bankrupt rent-stabilized apartment buildings in Clinton Hill could have a path to deregulation, thanks to an obscure exemption...
National Issue
Multifamily’s trillion-dollar tango
Multifamily lenders and policymakers have taken much the same approach with evictions and mounting debt during the pandemic: Put things off and hope the rental market’s problems resolve themselves before it’s too late. That...
Rent-stabilized tenants owe landlords more than $1B
Pressure is mounting on New York City’s renters. According to a new survey from the Community Housing Improvement Program,...
Some of Isaac Kassirer’s Harlem buildings head to bankruptcy
Isaac Kassirer, the prolific multifamily investor who went on a tear acquiring thousands of rent-regulated properties throughout Manhattan and...
National
The Real Deal wins 14 NAREE journalism awards
The Real Deal snagged 14 awards from the National Association of Real Estate Editors for its industry coverage in...
Lawsuit targets Trump for “fraudulent” rent overcharge scheme
Former residents of buildings previously owned by the Trump family have filed a lawsuit against President Donald Trump, seeking...
David Bistricer’s latest brush-up with New York’s rent law
At one building owned by David Bistricer’s Clipper Equity, tenants have challenged rent increases granted in October for improvements...
Bronx rent-stabilized multifamily portfolio nabs $186M loan
Finkelstein Timberger East Real Estate received a $186 million refinancing package for 16 multifamily buildings in the Bronx. Fannie...
Ladder Capital moves to foreclose on Emerald Equity’s Harlem rentals
Ladder Capital intends to foreclose on four Harlem rental properties owned by Isaac Kassirer’s Emerald Equity, after the firm...