Two years of pandemic sales wiped out NYC’s condo glut — and although demand remains strong, sales are slow as buyers and sellers fail to see eye to eye.
The foreclosure, though, means plans to tear down the distinctive building have fallen apart.
The first phase of Dallas Midtown is expected to kick off later this year or in early 2024.
Macklowe Properties acquired the 1.25M SF property in 2014 from the Bank of New York.
Affordable housing developers say they are struggling with building much-needed housing on tight margins while meeting climate goals in the process.
For multifamily, the wall of maturities will be scary as Halloween, and about at the same time.
The plans presented to the Historic Preservation Office propose 39 residential units and amenity spaces in an eight-story development adjacent to the church.
13th Floor Investments and Opera Acquisitions paid $73M for a timeshare property in Miami Beach after acquiring the adjacent condo building for around $30M.
In the first two months of 2023, 16 companies have committed to relocate and expand to Miami.
Small deals chip away at London's supply of vacant floorspace
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