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Kathryn Brenzel






    Related Companies Chairman and Founder Stephen M. Ross. (Getty)
    New York

    Stephen Ross’ mayoral fundraising fizzles

    Three months ago, billionaire developer Stephen Ross launched a political action committee aimed at the Democratic mayoral primary. He set out to raise tens of millions of dollars, the New York Times reported at...

    Stephen Ross’ mayoral fundraising fizzles
    Katerra facility (Katerra, Getty)
    National

    Katerra employees fire back with lawsuit over abrupt closure

    Reports surfaced June 1 that construction startup Katerra was shutting down its U.S. operations. Three days later, mass layoffs...

    Katerra employees fire back with lawsuit over abrupt closure
    Gary LaBarbera, Sen. Salazar and Sen. Gianaris (Getty)
    New York

    Real estate winners and losers of the legislative session

    The legislative session is over — for now. Several real estate–related measures passed, including a bill encouraging the conversion...

    Real estate winners and losers of the legislative session
    Masayoshi Son and Katerra's founders Fritz Wolff, Jim Davidson and Michael Marks. (Getty, Katerra)
    National

    Inside Katerra’s final days

    Katerra’s cash position was “perilous.” Its biggest backer, SoftBank, bailed out the construction startup with a $200 million investment in December. Three months later, Katerra’s primary lender, Greensill Capital, became insolvent, sending the startup’s...

    Inside Katerra’s final days
    Softbank CEO Masayoshi Son (Getty, Katerra, iStock)
    National

    Katerra files for bankruptcy

    Even after shedding hundreds of millions of dollars in debt late last year and receiving a $200 million bailout, Katerra has resorted to bankruptcy in its struggle to survive. The company filed for protection...

    Katerra files for bankruptcy
    Katerra’s abrupt closure has left clients and subsidiaries in the lurch. (Getty)
    National

    What Katerra’s shutdown means for clients, subsidiaries

    Last week, “rumblings” from Katerra workers on a project site in Jersey City reached developer Paul Silverman. He then...

    What Katerra’s shutdown means for clients, subsidiaries
    (Istock/illustration by Kevin Rebong)
    National Issue

    The social housing movement picks up steam

    When Shaya Schreiber started searching for a home in Madison, Wisconsin, her options were limited. Student loans made the single mother of two ineligible for certain affordable housing and a market-rate home was beyond...

    The social housing movement picks up steam
    President Joe Biden and New York State Senator Brian Kavanagh. (Getty, Department of Treasury)
    New York

    Federal guidelines could complicate state’s rent relief rollout

    Washington dished out a new set of guidelines for state-issued rent relief funds last week — specifications that could...

    Federal guidelines could complicate state’s rent relief rollout
    Sen. Brian Kavanagh (Getty, iStock)
    New York

    New York votes to extend eviction ban through August

    Certain residential and commercial tenants can now avoid eviction until at least Aug. 31. The state Senate and Assembly...

    New York votes to extend eviction ban through August
    President Joe Biden (Getty, iStock)
    National

    What Biden’s first 100 days meant for real estate

    President Joe Biden’s administration on Wednesday unveiled a $1.8 trillion spending plan that would eliminate a “special real estate...

    What Biden’s first 100 days meant for real estate

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