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JLL: 15M SF Of New York City Office Is Underwater New York News

JLL: 15M SF Of New York City Office Is Underwater

Miriam Hall, New York City
New York Office
Douglaston Development's rendering for 1057 Atlantic Ave., which may be one of the last properties built using the now-expired 421-a tax break. New York News

Douglaston Acquires Bed-Stuy Site, Lands $185M Loan To Start Construction

Ciara Long, New York City
New York Multifamily
The Tides Are Shifting: A Bridge Lender’s Insights Into The State Of Capital Markets, What Opportunities Lie Ahead New York Sponsored Content

The Tides Are Shifting: A Bridge Lender’s Insights Into The State Of Capital Markets, What Opportunities Lie Ahead

By Emerald Creek Capital
Sponsored Content
31 Prince St., one of three properties owned by Veracity Equities that will be sent to auction following a judge's order and a 121-day-long default on loan payments. New York News

3 Nolita Rental Buildings Up For Auction After Lender Forecloses

Ciara Long, New York City
New York Multifamily
Ian Bruce Eichner Sued Over Alleged Building Defects At Madison Square Park Tower New York News

Ian Bruce Eichner Sued Over Alleged Building Defects At Madison Square Park Tower

Miriam Hall, New York City
New York Construction & Dev
Empire State Realty Trust's 1333 Broadway, where nonprofit human services organization Rising Ground signed for 30K SF this week. New York News

This Week’s N.Y. Deal Sheet

Ciara Long, New York City
New York Deal Sheet
The $70M development site in Rego Park, Queens, bought by developer Chris Xu from Vornado at a 16% discount. New York News

Vornado Sells Queens Site To Skyline Tower Developer For $15M Discount

Ciara Long, New York City
New York Multifamily
Jessica Katz and Mayor Eric Adams in December 2022. New York News

New York City's Chief Housing Officer To Resign

Ciara Long, New York City
New York Multifamily
RXR Defaults On 790K SF Office Tower As Lender Looks To Offload $240M Loan New York News

RXR Defaults On 790K SF Office Tower As Lender Looks To Offload $240M Loan

Ciara Long, New York City
New York Office
1400 Broadway New York News

Flagstar Assumes Signature Bank's 313K SF Lease On Broadway For A Discount

Miriam Hall, New York City
New York Office
195 Broadway, where digital media startup signed a 42K SF lease this week. New York News

This Week’s N.Y. Deal Sheet

Ciara Long, New York City
New York Deal Sheet
GFP's Jeff Gural bids outside the New York County Courthouse at the Tuesday afternoon auction for the Flatiron Building. New York News

Flatiron Building Sold At Second Auction For $161M

Ciara Long, New York City
New York Office
‘Persistent’ Remote Work Could Slash Office Values By 44% New York News

‘Persistent’ Remote Work Could Slash Office Values By 44%

Miriam Hall, New York City
New York Office
SL Green Facing Credit Downgrade From Moody's New York News

SL Green Facing Credit Downgrade From Moody's

Miriam Hall, New York City
New York Office
Billionaire Reuben Brothers Buy Stake In High-Fashion Madison Avenue Retail Building New York News

Billionaire Reuben Brothers Buy Stake In High-Fashion Madison Avenue Retail Building

Miriam Hall, New York City
New York Retail
Commercial Real Estate Brokers' Confidence Sinks To All-Time Low New York News

Commercial Real Estate Brokers' Confidence Sinks To All-Time Low

Miriam Hall, New York City
New York Commercial Real Estate
travel New York News

PODCAST: A Societal ‘Reset’ Has Hotels Planning For A Bigger Summer Of Revenge Travel

Miriam Hall, New York City
New York Hotel
Pandemic-Era Exodus To Suburbs Still Paying Dividends For Tri-State CRE New York News

Pandemic-Era Exodus To Suburbs Still Paying Dividends For Tri-State CRE

Miriam Hall, New York City
New York Commercial Real Estate
Empty apartment vacancy New York News

The Puzzling Case Of NYC's Vacant Apartments Exposes The Divides At The Heart Of The Housing Crisis

Miriam Hall, New York City
New York Multifamily
The Signature Bank branch on Madison Avenue in Manhattan. New York News

Signature Bank's CRE Lending Leaders Laid Off With More ‘Likely Coming’

Miriam Hall, New York City
New York Capital Markets
Independence Towers, a public housing project in Brooklyn where Omni New York was part of a team tapped to renovate and manage the towers. New York News

This Week's N.Y. Deal Sheet

Miriam Hall, New York City
New York Deal Sheet
Lender Going After Williamsburg Hotel Developers For $29M It Says It's Still Owed After Bankruptcy New York News

Lender Going After Williamsburg Hotel Developers For $29M It Says It's Still Owed After Bankruptcy

Miriam Hall, New York City
New York Hotel
It Must Be Somebody's Fault: Margaritaville Times Square Faces Foreclosure Auction New York News

It Must Be Somebody's Fault: Margaritaville Times Square Faces Foreclosure Auction

Miriam Hall, New York City
New York Hotel
Largest CMBS Office Loan Maturing This Year Reportedly Lands Extension New York News

Largest CMBS Office Loan Maturing This Year Reportedly Lands Extension

Miriam Hall, New York City
New York Capital Markets
NYC apartment buildings New York News

Wall Of NYC Multifamily Maturities Forcing More Sellers To Market, Where Buyers Eagerly Await

Ciara Long, New York City
New York Multifamily
A rendering of Innovo and Square Mile's 1M SF logistics facility 2505 Bruckner Blvd. New York News

Innovo, Affinius Land $334M Financing Deal For Bronx Multistory Warehouse

Ethan Rothstein, Deputy Managing Editor
New York Industrial
Independence Towers, a public housing project in Brooklyn where Omni New York was part of a team tapped to renovate and manage the towers. New York News

Nuveen Acquires Former MLB Star's Affordable Housing Firm And Its 12,000-Unit Portfolio

Ciara Long, New York City
New York Affordable Housing
NYC apartments New York News

Landlords Ask Supreme Court To Rule Rent Stabilization Unconstitutional

Miriam Hall, New York City
New York Multifamily
Real Estate Investors Sue Law Firm For $1.1B In Malpractice Case New York News

Real Estate Investors Sue Law Firm For $1.1B In Malpractice Case

Dees Stribling, Bisnow National
New York Commercial Real Estate
The Flatiron Building is heading back to auction later this month — and before it does, its current owners are suing the investor who outbid them in March. New York News

Flatiron Building Owners Sue Auction Winner Jacob Garlick Over $19M Deposit He Never Paid

Ciara Long, New York City
New York Office
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