What might end up being the first resale at the Billionaires’ Row tower 220 Central Park South is up for grabs — and the seller is seeking $10 million more than what he paid for it…
A Brooklyn landlord who served 20 days in jail after pleading guilty to mortgage fraud has successfully had his conviction overturned. Daniel Melamed won his case by convincing a panel of New York state appellate judges…
A mixed-use property in Chinatown will be auctioned off at the end of January after its owner failed to attract new office tenants to the bankrupt building. The roughly 46,000-square-foot building, at 55-59 Chrystie Street, has…
One of the biggest rent-stabilized portfolios in New York City is facing a financial reckoning. Multiple sources with direct knowledge of the matter say the Dawnay Day portfolio has a large amount of debt and its…
Yet another Soho retailer is packing up shop as headwinds hit the retail sector. Opening Ceremony, the hip clothing store that has been in Soho for almost two decades at 35 Howard Street and has another…
It may sound hard to believe, but New York is the eight most affordable city of the 20 biggest cities in the U.S. That’s in part because low transport costs balance out high housing costs, according…
Banks may soon have the incentive they need to sink huge amounts of money into Opportunity Zones, the controversial Trump administration tax abatement program that has seen tepid investment levels to date. The federal government plans…
Months after being forced out of WeWork, co-founder Adam Neumann is continuing an investment spree. Through his family office, 166 2nd LLC, the 40-year-old is in talks to take part in a $4 million convertible note…
TWEET: These were the 10 largest projects filed for NYC last month. Some of New York’s most prominent developers closed out 2019 by filing plans for big projects in December. Scott Rechler’s RXR Realty took the…
City agencies provided the Brooklyn office market with a big jolt last year. Deals for different government departments accounted for four of the 10 largest office leases in the borough by square footage. The city’s Human…