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Lawsuit: Cushman & Wakefield, Adams Ally Conspired To Oust Brokerage From City Leasing Deals
News

Lawsuit: Cushman & Wakefield, Adams Ally Conspired To Oust Brokerage From City Leasing Deals

... by Jodi Pulice, has served as the M/WBE representative for Cushman on the DCAS account ... JRT from competing for city contracts. “I’m very troubled by what I’ve learned,” Carmine ... phone Wednesday. “This could happen to any M/WBE, if this is happening to the  ...

Jan 08, 2025
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Tower 57, at 135 E. 57th St. in Midtown Manhattan, is planned to be converted into apartments.
News

TF Cornerstone To Convert Billionaires' Row Office Tower To Residential

... new residential conversion tax incentive program, 467-m. The land under the building is controlled ... .  In order to benefit from the 467-m program, 25% of the building's units ... permit as quickly as possible under the 467-m program by June 2026,” Shell said. “ ...

Aug 06, 2025
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Pfizer World HQ Midtown
News

This Week's N.Y. Deal Sheet: Madison Realty Capital Lends $720M On Pfizer HQ Conversion

... PincusCo reported. The new debt comes from M&T Bank through the entity Manufactures And Traders ... has yet to receive permits.  *** L+M Development nabbed a $36.9M mortgage from ... $32M mortgage with Goldman Sachs. L+M has owned the 86K SF property since 2016 ...

May 20, 2025
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Getting To Yes On NYC Housing Development At Bisnow's Feb. 27 Event
News

Getting To Yes On NYC Housing Development At Bisnow's Feb. 27 Event

... that's available for conversion called 467-m. The program will make several conversions viable ... someone on board who understands the 467-m program and can work with the client ... on how and where to invest.  I'm looking forward to witnessing how the City ...

Feb 20, 2025
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Gov. Kathy Hochul
News

Hochul Slams Brake On Congestion Pricing, Rejecting Real Estate-Backed Policy

... the peak hours of 5 a.m.-9 p.m. on weekdays and 9 a.m.-9 p.m. on weekends, with higher pricing ...

Jun 05, 2024
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New York Gov. Kathy Hochul delivering her 2025 State of the State address.
News

Hochul Takes Aim At 'Corporate Landlords' In State Of The State Speech

... , while still promising to build more housing. “I’m not the first one to say this, but the ... overnight train, starting at 9 p.m. and ending at 5 a.m, for the next six months.  In ... lot to do.” UPDATE, JAN. 15, 11 A.M. ET: This story has been updated to include a ...

Jan 14, 2025
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‘We Can't Play A Zero-Sum Game’: Queens Borough President On Development Battles, Housing Crisis
News

‘We Can't Play A Zero-Sum Game’: Queens Borough President On Development Battles, Housing Crisis

... spur more affordable housing?  Richards: Well, I'm gonna use my bully pulpit. You look at ... . [Innovation QNS] has 40%. So I'm confused why we're even having the conversation at ... project, we're talking 1,100. I'm gonna take away my political hat for a ...

Oct 19, 2022
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175 Water St., the office tower formerly home to insurance firm AIG.
News

2 Struggling Manhattan Office Buildings Get $100M In Tax Breaks For Renovations

... take part in the Manhattan Commercial Revitalization program, known as M-CORE, in a vote held Tuesday morning. Between the two ... . The Midtown East office tower’s tax break from the M-CORE program pencils out to a $58.4M cost to ...

Jan 23, 2024
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75 Rockefeller Plaza, where Farallon Capital Management affiliates loaned RXR $200M.
News

Flagstar Sells $247M In Loans Tied To Steve Croman: The N.Y. Deal Sheet

... loan to the developers in 2022 for the land acquisition. *** M&T Realty Capital Corp. lent $347.4M to TF Cornerstone ... South, is backed by Fannie Mae's Near Stabilization program. M&TRCC’s Michael Casey, Joe Pizzutelli, Michael Jean-Pierre and ...

Nov 04, 2025
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Mitchel Houses, the Mott Haven NYCHA complex where a gas explosion caused a partial building collapse Wednesday morning.
News

Explosion Causes Partial Collapse At South Bronx NYCHA Building

... Authority building at 207 Alexander Ave. at 8:10 a.m., the New York City Fire Department said.  The corner of ... room, city and state officials said at an 11 a.m. press conference. New Yorkers should avoid the area as agencies ...

Oct 01, 2025
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