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Massive Development Poised To Bring 2,000 Apartments To Bed-Stuy
News

Massive Development Poised To Bring 2,000 Apartments To Bed-Stuy

... of bedrooms and bathrooms, with no temporary relocation necessary, L+M Managing Director Elaine Braithwaite said in a statement. “The ... form of landscaped yards, recreational space and pedestrian walkways.  L+M acquired the site in 2023 via a $28M, 99- ...

Jan 22, 2026
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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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Paramount Group owns 13M SF of CRE in New York and San Francisco, including a stake in the M&M World store in Times Square.
News

Rithm Capital Strikes $1.6B Deal To Acquire Office REIT Paramount

... New York Business reported. UPDATE, SEPT. 17, 8:35 A.M. ET: This story was updated after the two sides announced ... deal had been agreed to. UPDATE, SEPT. 17, 4 P.M. ET: This story has been updated with additional background.

Sep 16, 2025
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A Tale of 3 Cities: Exploring Boston, SF And NYC’s Office Markets, Plans For Development And What They Mean For The Future
News

A Tale of 3 Cities: Exploring Boston, SF And NYC’s Office Markets, Plans For Development And What They Mean For The Future

... of uses in Midtown, and, with the enactment of 467-m, a new exemption from the city’s property tax for ... done in San Francisco and Boston, similar to the 467-m program and zoning reforms enacted in NYC, to create more ...

Sep 05, 2025
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Closed sign
News

Why New York City's Food Halls Keep Closing

... and did 80% of their business between 11 a.m. and 2 p.m. on weekdays, he said. Most would close on ...

Aug 22, 2025
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Aerial view of Williamsburg, Brooklyn.
News

Williamsburg And The Upper West Side: A Tale Of 2 Shopping Districts

... neighborhood for two weeks. “I get up Monday morning, I'm standing on the corner at 9 o'clock, and there ... in the street,” Posniak said. “There's nobody there. I'm saying to myself, ‘Jesus, what did I get myself into ...

Aug 11, 2025
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Wesley LePatner, the CEO of Blackstone Real Estate Income Trust.
News

Blackstone Real Estate Exec Wesley LePatner Among 4 Killed In NYC Mass Shooting

... gunman who entered 345 Park Ave. around 6:30 p.m. Monday with an M4-style rifle and started spraying the ... I can,” LePatner said. UPDATE, JULY 30, 12:35 P.M. ET: This story has been updated with the identity of ...

Jul 29, 2025
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