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What Mamdani’s Election Means For NYC Commercial Real Estate
News

What Mamdani’s Election Means For NYC Commercial Real Estate

... like Miami, to calls to “give him a chance.” President Donald Trump, who made his name in NYC CRE, recently said he ...

Jan 12, 2026
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The Trump Building, on 40 Wall St., is one of the Trump Organization's most valuable skyscrapers.
News

Trump’s Most Valuable NYC Skyscraper On Lender Watchlist

... provider Jay Suites and engineering company Thornton Tomasetti. The Trump Organization’s FiDi tower is among other Lower Manhattan ... 2015 appraisal placed the value at $540M. Former President Donald Trump declined to answer the AG’s questions in August, ...

Feb 13, 2023
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Larry Gluck, co-founder of Stellar Management, has died at 71.
News

Stellar Management’s Larry Gluck Dies At 71

... the industry’s most prominent figures, including Peter Kalikow, Donald Zucker and Donald Trump. His first acquisition was 540 Henry St. in Brooklyn ...

Jun 14, 2024
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Zohran Mamdani in October 2024. The Democratic Socialist won the 2025 New York City mayoral primary.
News

'Give Him A Chance': NYC Real Estate Leaders Preach Pragmatism For Mamdani Era

... %.  John Catsimatidis, a billionaire developer and prominent ally of President Donald Trump, in June threatened to close or sell his Manhattan-based ...

Nov 05, 2025
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Tourists walking on the Brooklyn Bridge.
News

Hot Summer Is Cold Comfort For NYC Hotel Investors

Visitors are still coming to the city in similar numbers to last year, filling up the city's hotels and pushing revenue to new highs. But even so, investors are eyeing obstacles that they fear could grow larger for owners in the near future, from a labor ...

Jul 21, 2025
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429 W 36th St.
News

Short Seller Targets Axos Bank For Problem CRE Loans, Deals With Criminal Borrowers

... by extending more than $500M in capital to former President Donald Trump to help him cover civil judgments against him and repay ... other lenders, The Associated Press reported. Trump was convicted last week on 34 felony counts of falsifying ...

Jun 04, 2024
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Retailers Hesitate To Sign Leases As They Digest Tariff Impacts
News

Retailers Hesitate To Sign Leases As They Digest Tariff Impacts

... It has been three weeks since President Donald Trump sent markets into a tailspin with the ... to a real-life premise for markets. Since Trump announced a 10% across-the-board tariff for ... The U.S. is now 20 days into Trump’s 90-day pause on his self-described “ ...

Apr 23, 2025
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Penn District Penn Station Madison Square Garden
News

Investment Sales Up 38% As NYC Developers Gear Up For Action

... Day” last week. But whipsawing changes in implementation, when President Donald Trump announced, paused and readjusted policy several times last month, make ...

Apr 09, 2025
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Donald Trump
News

As White House Stay Wanes, Trumps, Kushners Return To Now-Polarizing Businesses

... on the Kushners,” he said. “If Donald is also going to be talking about ... pandemic has taken its toll on Trump Hotels. At Trump’s hotel in Chicago, the hotel ... as politically motivated “witch hunts” and Ivanka Trump tweeted the probe was “harassment pure and ...

Dec 03, 2020
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Donald Trump
News

Attorney General Rejects Trump’s Settlement Offer, Sets Stage For Fraud Suit

... James rejected a proposed civil settlement from lawyers for Donald Trump, setting the stage for a potential lawsuit accusing the ... residence in Florida in search of classified documents that Trump allegedly illegally removed from the White House at the ...

Sep 15, 2022
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