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<title>Bisnow News Feed</title>
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<description>Bisnow New York News</description>
<docs>http://blogs.law.harvard.edu/tech/rss</docs>
<language>en-US</language>
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<title>Rithm Capital Chips In $73M To Refinance Midtown Office Loan</title>
<link>https://www.bisnow.com/new-york/news/office/rithm-chips-in-equity-to-score-415m-cmbs-loan-for-midtown-office-tower-135285</link>
<guid>https://www.bisnow.com/new-york/news/office/rithm-chips-in-equity-to-score-415m-cmbs-loan-for-midtown-office-tower-135285</guid>
<description>Rithm Capital Corp. is coughing up a pretty penny to refinance another substantial mortgage it inherited when it acquired Paramount Group last year.</description>
<author>ciara.long@bisnow.com</author>
<pubDate>Thu, 02 Jul 2026 13:33:17 -0400</pubDate>
<content:encoded><![CDATA[Rithm Capital Corp. is coughing up a pretty penny to refinance another substantial mortgage it inherited when it acquired Paramount Group last year.]]></content:encoded>
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<title>Best First Half For NYC Offices Since 2002 Puts Landlords Back In Control</title>
<link>https://www.bisnow.com/new-york/news/office/best-first-half-for-manhattan-office-market-since-2002-has-landlords-back-in-control-135275</link>
<guid>https://www.bisnow.com/new-york/news/office/best-first-half-for-manhattan-office-market-since-2002-has-landlords-back-in-control-135275</guid>
<description>The Knicks weren't the only outfit in New York to go on a historic winning streak this spring. The office market closed out the first half of the year with a run of leasing activity that hasn't been seen in the Big Apple since 2002.</description>
<author>ethan.rothstein@bisnow.com</author>
<pubDate>Wed, 01 Jul 2026 18:44:40 -0400</pubDate>
<content:encoded><![CDATA[The Knicks weren't the only outfit in New York to go on a historic winning streak this spring. The office market closed out the first half of the year with a run of leasing activity that hasn't been seen in the Big Apple since 2002.]]></content:encoded>
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<title>New Chapter: How Convene Plans To Scale Its Global Experiential Footprint</title>
<link>https://www.bisnow.com/new-york/news/commercial-real-estate/global-experiential-footprint-convene-studiob-134767</link>
<guid>https://www.bisnow.com/new-york/news/commercial-real-estate/global-experiential-footprint-convene-studiob-134767</guid>
<description>The future of meetings isn't defined by space alone but also by the experiences people remember and the ideas they inspire.
At the forefront of this evolution is New York-based Convene Hospitality Group, or CHG. The multibranded hospitality company,...</description>
<author>john.knowles@bisnow.com</author>
<pubDate>Thu, 28 May 2026 14:27:04 -0400</pubDate>
<content:encoded><![CDATA[The future of meetings isn't defined by space alone but also by the experiences people remember and the ideas they inspire.
At the forefront of this evolution is New York-based Convene Hospitality Group, or CHG. The multibranded hospitality company, which includes Convene, etc. venues and NeueHouse, designs, develops and operates premium meeting, event and flexible office spaces. 
CHG hired Jonathan Ojany in April as its new chief financial and operating officer.
Ojany’s career uniquely prepared him to lead CHG. Combining an architectural engineer’s appreciation for the built environment with leadership roles at McKinsey & Co., The Coca-Cola Co., Yum Brands and InterContinental Hotels Group,...]]></content:encoded>
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<title>South Korean Culture Is Inspiring The Next Wave Of Apartment Amenities</title>
<link>https://www.bisnow.com/national/news/architecture-design/south-korean-culture-inspiring-next-wave-of-apartment-amenities-135273</link>
<guid>https://www.bisnow.com/national/news/architecture-design/south-korean-culture-inspiring-next-wave-of-apartment-amenities-135273</guid>
<description>Pop music and skincare aficionados, move over: Real estate wants in on South Korean culture, too.</description>
<author>ciara.long@bisnow.com</author>
<pubDate>Wed, 01 Jul 2026 17:14:15 -0400</pubDate>
<content:encoded><![CDATA[Pop music and skincare aficionados, move over: Real estate wants in on South Korean culture, too.]]></content:encoded>
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<title>Developers Strike Deal To Redevelop Historic Queens Bowling Alley: The N.Y. Deal Sheet</title>
<link>https://www.bisnow.com/new-york/news/deal-sheet/jv-seeks-to-build-housing-at-historic-queens-bowling-alley-ny-deal-sheet-135237</link>
<guid>https://www.bisnow.com/new-york/news/deal-sheet/jv-seeks-to-build-housing-at-historic-queens-bowling-alley-ny-deal-sheet-135237</guid>
<description>A new joint venture is hoping to avoid a gutterball as it embarks on a housing project to replace the historic Whitestone Lanes bowling alley in Queens.</description>
<author>ciara.long@bisnow.com</author>
<pubDate>Tue, 30 Jun 2026 12:38:20 -0400</pubDate>
<content:encoded><![CDATA[A new joint venture is hoping to avoid a gutterball as it embarks on a housing project to replace the historic Whitestone Lanes bowling alley in Queens.]]></content:encoded>
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<title>NYC To Expand Contentious Housing Voucher Program In $126B Budget</title>
<link>https://www.bisnow.com/new-york/news/multifamily/zohran-mamdani-julie-menin-2027-budget-cityfheps-135244</link>
<guid>https://www.bisnow.com/new-york/news/multifamily/zohran-mamdani-julie-menin-2027-budget-cityfheps-135244</guid>
<description>Mayor Zohran Mamdani and city council Speaker Julie Menin managed to agree on their first municipal budget hours before the fiscal year begins. 
The two were locked in a dispute that delayed the handshake agreement for a finalized $125.8B budget...</description>
<author>sasha.jones@bisnow.com</author>
<pubDate>Tue, 30 Jun 2026 13:35:05 -0400</pubDate>
<content:encoded><![CDATA[Mayor Zohran Mamdani and city council Speaker Julie Menin managed to agree on their first municipal budget hours before the fiscal year begins. 
The two were locked in a dispute that delayed the handshake agreement for a finalized $125.8B budget for days after it was initially scheduled. The disagreement centered around expanding the city’s expensive rental assistance program to another 30,000 New Yorkers, which Mamdani campaigned on before backtracking once he took office.]]></content:encoded>
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<title>A&amp;E Real Estate Buys Back Sergey Brin's Stake In NYC Real Estate Fund For Pennies On The Dollar</title>
<link>https://www.bisnow.com/national/news/multifamily/ae-real-estate-buys-back-sergey-brins-stake-in-nyc-real-estate-fund-for-pennies-on-the-dollar-135240</link>
<guid>https://www.bisnow.com/national/news/multifamily/ae-real-estate-buys-back-sergey-brins-stake-in-nyc-real-estate-fund-for-pennies-on-the-dollar-135240</guid>
<description>The third-richest person in the world’s bet on rent-stabilized apartments in New York City nearly went bust. </description>
<author>billy.wadsack@bisnow.com</author>
<pubDate>Tue, 30 Jun 2026 13:18:39 -0400</pubDate>
<content:encoded><![CDATA[The third-richest person in the world’s bet on rent-stabilized apartments in New York City nearly went bust. ]]></content:encoded>
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<title>Charles Cohen Goes After Fortress For $204M After Paying Off Debt</title>
<link>https://www.bisnow.com/new-york/news/commercial-real-estate/charles-cohen-doubles-down-on-fortress-fight-pursuing-204m-claim-135224</link>
<guid>https://www.bisnow.com/new-york/news/commercial-real-estate/charles-cohen-doubles-down-on-fortress-fight-pursuing-204m-claim-135224</guid>
<description>There may yet be more bloodshed in the battle between Charles Cohen and Fortress Investment Group.</description>
<author>ciara.long@bisnow.com</author>
<pubDate>Mon, 29 Jun 2026 14:37:49 -0400</pubDate>
<content:encoded><![CDATA[There may yet be more bloodshed in the battle between Charles Cohen and Fortress Investment Group.]]></content:encoded>
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<title>Rent Freeze Approved On All Stabilized Leases, Delivering On Mamdani Pledge</title>
<link>https://www.bisnow.com/new-york/news/multifamily/rent-guidelines-board-rent-freeze-mamdani-135196</link>
<guid>https://www.bisnow.com/new-york/news/multifamily/rent-guidelines-board-rent-freeze-mamdani-135196</guid>
<description>New York City's Rent Guidelines Board on Thursday night voted to freeze rents on one- and two-year leases in the city's 1 million rent-stabilized apartments, fulfilling a key campaign promise for Mayor Zohran Mamdani. </description>
<author>sasha.jones@bisnow.com</author>
<pubDate>Thu, 25 Jun 2026 18:59:24 -0400</pubDate>
<content:encoded><![CDATA[New York City's Rent Guidelines Board on Thursday night voted to freeze rents on one- and two-year leases in the city's 1 million rent-stabilized apartments, fulfilling a key campaign promise for Mayor Zohran Mamdani. ]]></content:encoded>
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<title>Plagued By High Development Costs, Medical Office Turns To Conversions</title>
<link>https://www.bisnow.com/new-york/news/healthcare/plagued-by-high-development-costs-medical-office-turns-to-conversions-135162</link>
<guid>https://www.bisnow.com/new-york/news/healthcare/plagued-by-high-development-costs-medical-office-turns-to-conversions-135162</guid>
<description>As of this year, 10,000 baby boomers are turning 80 years old every day — meaning doctors are starting to need a lot more space to accommodate a higher number of patients.</description>
<author>ciara.long@bisnow.com</author>
<pubDate>Wed, 24 Jun 2026 17:06:11 -0400</pubDate>
<content:encoded><![CDATA[As of this year, 10,000 baby boomers are turning 80 years old every day — meaning doctors are starting to need a lot more space to accommodate a higher number of patients.]]></content:encoded>
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<title>Charney, Tavros Score $785M To Build Gowanus' Largest Building</title>
<link>https://www.bisnow.com/new-york/news/multifamily/charney-tavros-score-785m-construction-financing-for-gowanus-largest-resi-building-135181</link>
<guid>https://www.bisnow.com/new-york/news/multifamily/charney-tavros-score-785m-construction-financing-for-gowanus-largest-resi-building-135181</guid>
<description>The developers that have led the transformation of Brooklyn's Gowanus neighborhood into a haven of high-rises now have the capital to start building their biggest project yet.</description>
<author>ciara.long@bisnow.com</author>
<pubDate>Thu, 25 Jun 2026 11:34:29 -0400</pubDate>
<content:encoded><![CDATA[The developers that have led the transformation of Brooklyn's Gowanus neighborhood into a haven of high-rises now have the capital to start building their biggest project yet.]]></content:encoded>
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<title>Landlord Representative Resigns From RGB On Day Of Rent Freeze Vote</title>
<link>https://www.bisnow.com/new-york/news/multifamily/christina-smyth-resigns-rent-guidelines-board-135167</link>
<guid>https://www.bisnow.com/new-york/news/multifamily/christina-smyth-resigns-rent-guidelines-board-135167</guid>
<description>Christina Smyth, a landlord representative on the Rent Guidelines Board, has resigned hours before the nine-member body is scheduled to vote on whether to freeze rents on 1 million apartments. </description>
<author>sasha.jones@bisnow.com</author>
<pubDate>Thu, 25 Jun 2026 09:39:32 -0400</pubDate>
<content:encoded><![CDATA[Christina Smyth, a landlord representative on the Rent Guidelines Board, has resigned hours before the nine-member body is scheduled to vote on whether to freeze rents on 1 million apartments. ]]></content:encoded>
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<title>Former Adams Chief Of Staff Arrested For Bribery Over Hotel Migrant Shelter Contract</title>
<link>https://www.bisnow.com/new-york/news/commercial-real-estate/former-adams-chief-of-staff-arrested-migrant-shelter-bribery-scheme-135154</link>
<guid>https://www.bisnow.com/new-york/news/commercial-real-estate/former-adams-chief-of-staff-arrested-migrant-shelter-bribery-scheme-135154</guid>
<description>Former Mayor Eric Adams’ chief of staff was taken into custody Wednesday morning after being indicted on federal bribery charges for allegedly exploiting the city’s migrant crisis. 
FBI agents arrested Frank Carone and his brother Anthony Carone,...</description>
<author>sasha.jones@bisnow.com</author>
<pubDate>Wed, 24 Jun 2026 13:26:16 -0400</pubDate>
<content:encoded><![CDATA[Former Mayor Eric Adams’ chief of staff was taken into custody Wednesday morning after being indicted on federal bribery charges for allegedly exploiting the city’s migrant crisis. 
FBI agents arrested Frank Carone and his brother Anthony Carone, alongside Chinese developer Andy Zhu and his business manager, Crystal Chen.]]></content:encoded>
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<title>NYC Pension Fund Takes 78K SF At 55 Water: The N.Y. Deal Sheet</title>
<link>https://www.bisnow.com/new-york/news/deal-sheet/nyc-pension-fund-takes-78k-sf-at-55-water-ny-deal-sheet-135131</link>
<guid>https://www.bisnow.com/new-york/news/deal-sheet/nyc-pension-fund-takes-78k-sf-at-55-water-ny-deal-sheet-135131</guid>
<description>Manhattan’s largest office building has signed a deal with the city’s smallest pension fund.</description>
<author>ciara.long@bisnow.com</author>
<pubDate>Tue, 23 Jun 2026 13:28:47 -0400</pubDate>
<content:encoded><![CDATA[Manhattan’s largest office building has signed a deal with the city’s smallest pension fund.]]></content:encoded>
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<title>Charles Cohen Pays Off $187M Judgment To Fortress</title>
<link>https://www.bisnow.com/new-york/news/commercial-real-estate/charles-cohen-pays-off-187m-judgment-to-fortress-135103</link>
<guid>https://www.bisnow.com/new-york/news/commercial-real-estate/charles-cohen-pays-off-187m-judgment-to-fortress-135103</guid>
<description>Billionaire developer Charles Cohen finally got the $187M monkey off his back.</description>
<author>ethan.rothstein@bisnow.com</author>
<pubDate>Mon, 22 Jun 2026 10:28:05 -0400</pubDate>
<content:encoded><![CDATA[Billionaire developer Charles Cohen finally got the $187M monkey off his back.]]></content:encoded>
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<title>Issac Hera Scores $480M Loan For Mony Building Conversion</title>
<link>https://www.bisnow.com/new-york/news/capital-markets/yellowstone-issac-hera-madison-realty-1740-broadway-conversion-135083</link>
<guid>https://www.bisnow.com/new-york/news/capital-markets/yellowstone-issac-hera-madison-realty-1740-broadway-conversion-135083</guid>
<description>The building that inspired Tommy James’ song Mony Mony just landed a loan for some serious money, money. </description>
<author>sasha.jones@bisnow.com</author>
<pubDate>Thu, 18 Jun 2026 12:57:41 -0400</pubDate>
<content:encoded><![CDATA[The building that inspired Tommy James’ song Mony Mony just landed a loan for some serious money, money. ]]></content:encoded>
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<title>Assigned Seating Is Slowly, Quietly Coming Back To Offices</title>
<link>https://www.bisnow.com/new-york/news/office/assigned-seating-returns-to-office-135073</link>
<guid>https://www.bisnow.com/new-york/news/office/assigned-seating-returns-to-office-135073</guid>
<description>In the efforts to bring tenants back to the office, coworking became king. Companies have spent millions of dollars building out office floors that prioritize the flexibility required for hybrid work.
Instead of sitting at the same desk every day, businesses...</description>
<author>sasha.jones@bisnow.com</author>
<pubDate>Wed, 17 Jun 2026 17:38:51 -0400</pubDate>
<content:encoded><![CDATA[In the efforts to bring tenants back to the office, coworking became king. Companies have spent millions of dollars building out office floors that prioritize the flexibility required for hybrid work.
Instead of sitting at the same desk every day, businesses could save money by allowing employees to touch down wherever they felt comfortable.
Executives at these office occupiers said at Bisnow’s New York Office Conference on Wednesday that it might have all been for naught.]]></content:encoded>
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<title>'Huge Step Forward': NYC Directs $1B To Shore Up Supportive Housing</title>
<link>https://www.bisnow.com/new-york/news/affordable-housing/hpd-1b-supportive-housing-fund-huge-step-forward-advocates-say-135071</link>
<guid>https://www.bisnow.com/new-york/news/affordable-housing/hpd-1b-supportive-housing-fund-huge-step-forward-advocates-say-135071</guid>
<description>The slice of New York City's housing stock devoted to keeping residents out of homelessness has long struggled with deteriorating buildings and a lack of funding — but a new city program aims to change that.</description>
<author>ciara.long@bisnow.com</author>
<pubDate>Wed, 17 Jun 2026 16:55:00 -0400</pubDate>
<content:encoded><![CDATA[The slice of New York City's housing stock devoted to keeping residents out of homelessness has long struggled with deteriorating buildings and a lack of funding — but a new city program aims to change that.]]></content:encoded>
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<title>Data Center Moratorium On Gov. Hochul's Desk Puts Dozens Of Projects In Crosshairs</title>
<link>https://www.bisnow.com/new-york/news/data-center-development/new-york-proposed-data-center-moratorium-kathy-hochul-135052</link>
<guid>https://www.bisnow.com/new-york/news/data-center-development/new-york-proposed-data-center-moratorium-kathy-hochul-135052</guid>
<description>New York has $10B of data center projects in the works, set to be delivered by 2030. Much of that investment could be stopped dead in its tracks with one stroke of a pen. 
The state legislature has passed what would be a first-in-the-nation data...</description>
<author>sasha.jones@bisnow.com</author>
<pubDate>Tue, 16 Jun 2026 18:26:05 -0400</pubDate>
<content:encoded><![CDATA[New York has $10B of data center projects in the works, set to be delivered by 2030. Much of that investment could be stopped dead in its tracks with one stroke of a pen. 
The state legislature has passed what would be a first-in-the-nation data center moratorium, which would halt permit approvals for at least a year. It now sits on Gov. Kathy Hochul’s desk.
“The No. 1 critical issue is these all need to be built as quickly as possible,” Holland & Knight partner Graham Coates said. “Everyone is waiting with bated breath.”]]></content:encoded>
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<title>BXP Lands Law Firm For 150K SF At 343 Madison: The N.Y. Deal Sheet</title>
<link>https://www.bisnow.com/new-york/news/deal-sheet/law-firm-inks-150k-sf-deal-at-bxps-madison-avenue-tower-this-weeks-ny-deal-sheet-135045</link>
<guid>https://www.bisnow.com/new-york/news/deal-sheet/law-firm-inks-150k-sf-deal-at-bxps-madison-avenue-tower-this-weeks-ny-deal-sheet-135045</guid>
<description>BXP has signed another huge lease at its under-construction Madison Avenue trophy office.</description>
<author>ciara.long@bisnow.com</author>
<pubDate>Tue, 16 Jun 2026 13:41:37 -0400</pubDate>
<content:encoded><![CDATA[BXP has signed another huge lease at its under-construction Madison Avenue trophy office.]]></content:encoded>
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<title>What CRE Executives Want In An Increasingly Fraught Job Market</title>
<link>https://www.bisnow.com/national/news/construction-development/-fraught-job-market-real-estate-wants-entrepreneurial-grads-135031</link>
<guid>https://www.bisnow.com/national/news/construction-development/-fraught-job-market-real-estate-wants-entrepreneurial-grads-135031</guid>
<description>Real estate development has always required niche knowledge of specific components of the business, whether financing or design or navigating government, and developers have hired graduates with those specialties in mind.
But to stand out today, new college...</description>
<author>ciara.long@bisnow.com</author>
<pubDate>Mon, 15 Jun 2026 16:39:49 -0400</pubDate>
<content:encoded><![CDATA[Real estate development has always required niche knowledge of specific components of the business, whether financing or design or navigating government, and developers have hired graduates with those specialties in mind.
But to stand out today, new college graduates — who are facing the highest unemployment rate in a decade — need to be able to do everything, including incorporating artificial intelligence into their workloads, developers said at Bisnow and the New York University Schack Institute of Real Estate's development conference last week.]]></content:encoded>
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<title>Chetrits Fall Behind On $330M Debt Tied To Manhattan Landmark</title>
<link>https://www.bisnow.com/new-york/news/capital-markets/standard-oil-building-hits-special-servicing-after-chetrits-fail-to-pay-290m-loan-135011</link>
<guid>https://www.bisnow.com/new-york/news/capital-markets/standard-oil-building-hits-special-servicing-after-chetrits-fail-to-pay-290m-loan-135011</guid>
<description>More dominoes are falling for Meyer Chetrit.
The developer may be forced to give up on another building, this time at 26 Broadway. The $290M CMBS loan backed by the landmark Financial District office tower has transferred to special servicing after its...</description>
<author>sasha.jones@bisnow.com</author>
<pubDate>Fri, 12 Jun 2026 17:43:15 -0400</pubDate>
<content:encoded><![CDATA[More dominoes are falling for Meyer Chetrit.
The developer may be forced to give up on another building, this time at 26 Broadway. The $290M CMBS loan backed by the landmark Financial District office tower has transferred to special servicing after its owner said that he wouldn't be able to continue making loan payments, according to Morningstar Credit.]]></content:encoded>
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<title>Summit Agrees Not To Pursue Rent Arrears In Pinnacle Portfolio</title>
<link>https://www.bisnow.com/new-york/news/multifamily/summit-pinnacle-union-unpaid-rent-arrears-violations-134943</link>
<guid>https://www.bisnow.com/new-york/news/multifamily/summit-pinnacle-union-unpaid-rent-arrears-violations-134943</guid>
<description>The Union of Pinnacle Tenants notched a victory against its new landlord, which has agreed to forgo millions in unpaid rent.
Zohar Levy’s Summit Properties USA will not pursue rental arrears against tenants living in more than 5,000 rent-stabilized...</description>
<author>sasha.jones@bisnow.com</author>
<pubDate>Tue, 09 Jun 2026 19:12:30 -0400</pubDate>
<content:encoded><![CDATA[The Union of Pinnacle Tenants notched a victory against its new landlord, which has agreed to forgo millions in unpaid rent.
Zohar Levy’s Summit Properties USA will not pursue rental arrears against tenants living in more than 5,000 rent-stabilized apartments that the firm acquired in a bankruptcy sale earlier this year, the UPT announced Tuesday.
“When I saw that Summit was going to forgive past arrears, my eyes lit up,” Sonja Fernandez, a UPT member living in Washington Heights, said in a statement. “I thought ‘Wow. Is this really happening?' I finally feel validated. Now I can sleep a little better at night while I wait for...]]></content:encoded>
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<title>EBay Takes 122 Fifth's Last Office Space: The N.Y. Deal Sheet</title>
<link>https://www.bisnow.com/new-york/news/deal-sheet/ebay-takes-122-fifths-last-chunk-of-space-this-weeks-ny-deal-sheet-134931</link>
<guid>https://www.bisnow.com/new-york/news/deal-sheet/ebay-takes-122-fifths-last-chunk-of-space-this-weeks-ny-deal-sheet-134931</guid>
<description>A 300K SF building owned by The Bromley Cos. is the latest Manhattan office tower to fill up as technology companies expand their New York footprint.
Online retailer eBay signed a 28K SF lease at 122 Fifth Ave., the last available space in Bromley's...</description>
<author>ciara.long@bisnow.com</author>
<pubDate>Tue, 09 Jun 2026 13:32:01 -0400</pubDate>
<content:encoded><![CDATA[A 300K SF building owned by The Bromley Cos. is the latest Manhattan office tower to fill up as technology companies expand their New York footprint.
Online retailer eBay signed a 28K SF lease at 122 Fifth Ave., the last available space in Bromley's property less than two blocks from Union Square.]]></content:encoded>
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<title>As $9B Reshapes NYC's 'Valley Of Ashes,' Developers Remain On The Sidelines</title>
<link>https://www.bisnow.com/new-york/news/economic-development/9b-reshapes-nycs-valley-of-ashes-willets-point-developers-remain-sidelined-134897</link>
<guid>https://www.bisnow.com/new-york/news/economic-development/9b-reshapes-nycs-valley-of-ashes-willets-point-developers-remain-sidelined-134897</guid>
<description>When Cushman &amp; Wakefield brokers Dylan Walsh and Kieran Baker are pounding the pavement in Willets Point, they are hoping their clients can see the northern Queens neighborhood’s potential through the haze of its grungy, industrial present.
In the...</description>
<author>ciara.long@bisnow.com</author>
<pubDate>Fri, 05 Jun 2026 16:51:58 -0400</pubDate>
<content:encoded><![CDATA[When Cushman & Wakefield brokers Dylan Walsh and Kieran Baker are pounding the pavement in Willets Point, they are hoping their clients can see the northern Queens neighborhood’s potential through the haze of its grungy, industrial present.
In the coming years, investors and developers are expected to pour at least $9B — roughly 30% more than the entire New York Police Department budget — into three projects in the neighborhood that the Mets call home. But none of those commitments have been enough to sell developers on the potential of the nearby land, even as property values have risen in recent...]]></content:encoded>
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<title>Spanish Operator Meliá Spends $203M On NoMad Hotel</title>
<link>https://www.bisnow.com/new-york/news/hotel/a-decade-after-opening-spanish-operator-melia-buys-nomad-hotel-for-203m-134915</link>
<guid>https://www.bisnow.com/new-york/news/hotel/a-decade-after-opening-spanish-operator-melia-buys-nomad-hotel-for-203m-134915</guid>
<description>A hotel franchise owned by Spanish operator Meliá Hotels International is now the owner of a 313-room NoMad property it has operated since the hotel opened a decade ago. </description>
<author>ciara.long@bisnow.com</author>
<pubDate>Mon, 08 Jun 2026 14:54:01 -0400</pubDate>
<content:encoded><![CDATA[A hotel franchise owned by Spanish operator Meliá Hotels International is now the owner of a 313-room NoMad property it has operated since the hotel opened a decade ago. ]]></content:encoded>
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<title>OceanFirst Purges $1.4B In Rent-Stabilized Multifamily Loans Following Flushing Financial Merger</title>
<link>https://www.bisnow.com/new-york/news/multifamily/oceanfirst-flushing-financial-bank-rent-stabilized-multifamily-new-york-city-134909</link>
<guid>https://www.bisnow.com/new-york/news/multifamily/oceanfirst-flushing-financial-bank-rent-stabilized-multifamily-new-york-city-134909</guid>
<description>Just days after completing its merger with Flushing Financial Corp., OceanFirst Financial Corp. is clearing its books of $1.4B of multifamily loans. 
The amount represents the bulk of Flushing’s multifamily portfolio, according to an announcement...</description>
<author>sasha.jones@bisnow.com</author>
<pubDate>Mon, 08 Jun 2026 12:01:15 -0400</pubDate>
<content:encoded><![CDATA[Just days after completing its merger with Flushing Financial Corp., OceanFirst Financial Corp. is clearing its books of $1.4B of multifamily loans. 
The amount represents the bulk of Flushing’s multifamily portfolio, according to an announcement on Monday. The bank noted that the deal will “importantly” eliminate the majority of its exposure to rent-regulated properties in New York City. ]]></content:encoded>
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<title>NYC's Rent-Stabilized Subsidy Goes Untapped By Nonprofit Buyers</title>
<link>https://www.bisnow.com/new-york/news/multifamily/nycs-rent-stabilized-subsidy-goes-untapped-by-nonprofit-buyers-134896</link>
<guid>https://www.bisnow.com/new-york/news/multifamily/nycs-rent-stabilized-subsidy-goes-untapped-by-nonprofit-buyers-134896</guid>
<description>New York City is relying on nonprofits to save its distressed rent-stabilized housing stock. But they have yet to become the white knight that renters need.
In April 2025, the Department of Housing Preservation and Development relaunched its Neighborhood...</description>
<author>sasha.jones@bisnow.com</author>
<pubDate>Fri, 05 Jun 2026 16:38:22 -0400</pubDate>
<content:encoded><![CDATA[New York City is relying on nonprofits to save its distressed rent-stabilized housing stock. But they have yet to become the white knight that renters need.
In April 2025, the Department of Housing Preservation and Development relaunched its Neighborhood Pillars program, which aims to provide financing to nonprofits seeking to acquire and rehabilitate multifamily properties. More than a year later, the city has yet to close on a project, HPD Commissioner Dina Levy said this week. 
“Pillars has been a little bit slow-going,” she told the City Council Committee on Public Housing during an executive budget hearing on Tuesday.]]></content:encoded>
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<title>Experts To Take Pulse Of Healthcare Construction At June 24 Bisnow Event</title>
<link>https://www.bisnow.com/new-york/news/healthcare/experts-to-take-pulse-of-healthcare-construction-at-june-24-bisnow-event-134858</link>
<guid>https://www.bisnow.com/new-york/news/healthcare/experts-to-take-pulse-of-healthcare-construction-at-june-24-bisnow-event-134858</guid>
<description>On June 24, experts in developing, designing and constructing New York’s healthcare and medical office spaces will gather at 1334 York Ave. for Bisnow’s New York Healthcare Real Estate Conference to discuss how they’re adapting medical spaces to...</description>
<author>elizabeth.reyn@bisnow.com</author>
<pubDate>Wed, 03 Jun 2026 15:51:17 -0400</pubDate>
<content:encoded><![CDATA[On June 24, experts in developing, designing and constructing New York’s healthcare and medical office spaces will gather at 1334 York Ave. for Bisnow’s New York Healthcare Real Estate Conference to discuss how they’re adapting medical spaces to meet today’s patient needs while navigating rising construction costs and health regulations.
Representatives from top healthcare systems — including Northwell Health, Mount Sinai Health, Memorial Sloan Kettering, Montefiore Health System and Columbia University Medical Center — will share their thoughts on topics such as meeting the needs of staff and patients, making upgrades in an operational building, and strategic building positioning.
Panels include:

Medical Office Buildings:...]]></content:encoded>
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<title>Ulta To Open $400M, 4-Story Times Square Flagship</title>
<link>https://www.bisnow.com/new-york/news/retail/ulta-beauty-times-square-new-store-lease-134871</link>
<guid>https://www.bisnow.com/new-york/news/retail/ulta-beauty-times-square-new-store-lease-134871</guid>
<description>Ulta Beauty has agreed to pay $400M to lease an entire building in the Times Square bowtie for its new experiential flagship.</description>
<author>sasha.jones@bisnow.com</author>
<pubDate>Thu, 04 Jun 2026 12:10:17 -0400</pubDate>
<content:encoded><![CDATA[Ulta Beauty has agreed to pay $400M to lease an entire building in the Times Square bowtie for its new experiential flagship.]]></content:encoded>
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