Frank Sciame buys Gold Coast mega-mansion. Now what?

Sciame Construction CEO Frank Sciame and the Gold Coast mansion
Sciame Construction CEO Frank Sciame and the Gold Coast mansion
Frank Sciame buys Gold Coast mega-mansion. Now what?

Hudson officials question developer’s request for millions in tax breaks

Hudson officials question developer's request for millions in tax breaks
Hudson officials question developer’s request for millions in tax breaks

Work to resume on stalled White Plains apartment project

Work to resume on stalled White Plains apartment project
Work to resume on stalled White Plains apartment project

Birch Group buys Princeton office portfolio from BentallGreenOak

The Birch Group CEO Mark Meisner and 700 Alexander Park Drive (LinkedIn)
Birch Group buys Princeton office portfolio from BentallGreenOak

Westchester town cancels land sale done without public bidding

Westchester town cancels land sale done without public bidding
Westchester town cancels land sale done without public bidding

Latest News

(iStock)
National

Commercial property sales outpace pre-pandemic figures in Q2

Commercial property sales are broadly rebounding to pre-pandemic levels across the country, though the same success isn’t being seen...

Commercial property sales outpace pre-pandemic figures in Q2
(iStock)
National

Nearly $10M settlement for “cooked” SF condo owners

A San Francisco condo association that argued some of its owners were being “cooked” inside their homes settled with...

Nearly $10M settlement for “cooked” SF condo owners
The Delta variant and the CDC’s recent mask reversal is adding a new element of intrigue to return-to-work policies. (iStock)
National

Covid surge, CDC reversal upends back-to-office plans

As the Delta variant fuels a nationwide surge in Covid cases, employers’ return-to-work plans are being thrown into a...

Covid surge, CDC reversal upends back-to-office plans
How a Singaporean REIT’s mighty US hotel investment sunk
National Issue

How a Singaporean REIT’s mighty US hotel investment sunk

A retired British ocean liner. A decommissioned Soviet submarine. And now, a bankrupt Singaporean real estate investment trust. All...

How a Singaporean REIT’s mighty US hotel investment sunk
The SASB market has produced several massive transactions, like a $4.65 billion loan for the Extended Stay America portfolio or SL Green Realty’s $3 billion refinancing of One Vanderbilt office tower in Manhattan (iStock, KPF, Getty)
National Insights

CMBS loan issuance is booming — but not in the usual areas

In the commercial mortgage-backed securities world, conduit loans have always been the bread and butter of the market. But...

CMBS loan issuance is booming — but not in the usual areas
CoStar Group CEO Andrew Florance (iStock)
National

CoStar Q2 net income down 17%

CoStar Group’s second quarter profits fell after a strong first quarter even as traffic on its analytics and online marketplace jumped. The real estate data giant posted $61 million in net income from April...

CoStar Q2 net income down 17%
Matt Lauer, Strongheart Manor in North Haven (Getty and Corcoran)
New York

Matt Lauer exposes Hamptons estate to the market

If at first you don’t succeed, try, try again. At least, that’s Matt Lauer’s plan for selling his massive...

Matt Lauer exposes Hamptons estate to the market

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