The ambitious rail project has passed a key federal environmental review but still faces opposition among some Texas legislators.
Marc Roberts Cos., led by Marc Roberts, and Lion Development Group, led by Michael and Ron Simkins, have tapped CBRE to market the site.
Strong fundamentals and the city’s housing shortage mean more lenders want in on NYC apartment buildings, leading to a more competitive landscape for borrower
A new survey found that 35% of multifamily developers have curtailed investment in markets with rent regulation, while 41% avoid the markets entirely.
The project at the Capitol Heights station is part of a larger effort to build more housing and spur economic development along the Blue Line corridor.
Zohran Mamdani will be able to make four appointments in 2026 but won't have full control until 2027.
The developer is working on the project on behalf of the property's lender after owners Woodridge Capital Partners and Oaktree Capital Management defaulted.
The project is expected to finish construction in 2029.
It was the most active year for leasing in Manhattan since 2014, according to Savills.
Almost no new office is coming out of the ground in NYC soon. That’s leaving tenants with a choice: renew and expand now or be left short in the near future.
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