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NYC Mayor Eric Adams in September 2024, flanked by then-First Deputy mayor Sheena Wright and top aide Ingrid Lewis-Martin. Wright resigned a month later in October, making her one of many high-level officials close to Adams to step down as federal investigations into the mayor intensified.
News

Former Adams Chief Adviser Charged With Taking Bribes From Real Estate Investor

... day, she said that she expected to be indicted.  “I'm being falsely accused of something,” Lewis-Martin said at the ... Long contributed to this story. UPDATE, DEC. 19, 7 P.M. ET: This story has been updated with a statement from ...

Dec 19, 2024
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(from left to right) Marty Burger of Infinite Global Real Estate Partners, MaryAnne Gilmartin of MAG Partners, Scott Rechler of RXR, William C. Rudin of Rudin, and Robert S. Blumenthal (Moderator).
News

Rudin, Rechler, Gilmartin, Burger Talk City Of Yes And What Comes Next

... ’s vote was set to start at 1:30 p.m. Thursday. The real estate powerhouses, who are itching to continue ... onstage for a full hour starting at 1:10 p.m. The zoning overhaul did eventually pass, but not until hours ...

Dec 06, 2024
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Alchemy Properties' Ken Horn
News

Weekend Interview: Alchemy Properties' Ken Horn On Working With Churches To Solve The Housing Crisis

... York where you want to create housing.  I'm not saying just get rid of landmarks, but I ... 'm saying look at it judiciously in terms of ... people are going to coast.  In December, I'm not sure there are going to be a lot of ...

Dec 06, 2024
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Debt on the 1930-built New Yorker Hotel building, a Manhattan icon, has changed hands.
News

Private Equity Firm Scoops Up $106M Loan On New Yorker Hotel

... space. The landmarked property’s former lender, M&T Bank, has been shopping around for a ... mature three months from the time that M&T began marketing the loan and remains ... to Bisnow’s requests for comment, while M&T and Newmark declined to comment to Bisnow ...

Sep 07, 2023
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NYC skyline
News

'Improved Math And Improved Sentiment' Drive 63% Rebound In NYC CRE Sales

... . “Last year, they simply said, ‘I am not buying. I'm not looking at transactions.’”   The recovery in deal volume is ... really happening without the help of 485-x and 467-m,” he said. “Right now, we're having a lot of ...

Oct 08, 2024
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Adam Gordon with donkeys on his California ranch
News

Weekend Interview: Wildflower's Adam Gordon On Partnering With Robert De Niro And Raising Wagyu

...  the people behind those projects “colleagues and comrades.” “I'm not focused first on profit,” Gordon said. “Profit is there ... . What other disruptors are you interested in?  Gordon: I'm pretty intellectually fearless, meaning that if I feel like something ...

Aug 30, 2024
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New York City
News

After Coming Up Empty On Office Conversion Deal In Albany, NYC Pushes Renovation Tax Break

... to apply for the Manhattan Commercial Revitalization program — known as M-CORE. The offering, a strategic tax abatement aimed at ... significant, even with loosened restrictions. When it comes to M-CORE, Laremont said she isn't convinced there will be ...

Jun 21, 2023
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Chef Marcus Samuelsson's Recipe To Help Minority-Run Businesses Flourish
News

Chef Marcus Samuelsson's Recipe To Help Minority-Run Businesses Flourish

... different types of rent structures … Now that I'm successful in the food space, it's my ... can actually sustain that,” she said. “I'm hearing a lot of expansion and a lot of ... many make pledges on diversity and inclusion. “I'm reaching out to them to see if they ...

Jun 14, 2023
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Common Living Common Perry apartment building Brookland Washington DC
News

Co-Living Firm Common To Shutter After Aggressive Expansion Ends In Bankruptcy

... Barragán contributed reporting.  UPDATE, JUNE 3, 12:20 P.M. ET: This story has been updated to include additional context ... Habyt CEO Luca Bovone. CORRECTION, JUNE 3, 3:40 P.M. ET: A previous version of this story misidentified some of ...

Jun 03, 2024
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Common founder and CEO Brad Hargreaves in 2021
News

Common's Brad Hargreaves Stepping Down As CEO As Company Plots Pathway To Profitability

... $113M before that and has among its partners Invesco, L+M Development Partners, Nuveen and Tishman Speyer. The company's portfolio ... -term capital strategy of the business.  “I'm excited about the new things I'm going to be working on,” Hargreaves said ...

Aug 03, 2022
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