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NYC's Rent-Stabilized Subsidy Goes Untapped By Nonprofit Buyers
News

NYC's Rent-Stabilized Subsidy Goes Untapped By Nonprofit Buyers

... stock. “Our goal is to ensure that mission-driven organizations, M/WBEs, and local nonprofits have the resources necessary to acquire ...

Jun 05, 2026
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Lender United Overseas Bank has taken back 130 W. 42nd St., a towering 29-story Gothic structure, from Vanke US.
News

United Overseas Bank Takes Over Landmark Midtown Tower

... conversions in the properties, leaning on tax breaks like 476-m after acquiring the buildings at steep discounts. 

May 29, 2026
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Proprietary Data Obsession Is Holding Real Estate Back From AI
News

Proprietary Data Obsession Is Holding Real Estate Back From AI

... it in spreadsheets. Keep it close to my chest. I'm not going to share this data. This data is truly ...

May 13, 2026
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Joseph Fingerman, Signature Bank's Former CRE Head, Is Growing A New Lending Force
News

Joseph Fingerman, Signature Bank's Former CRE Head, Is Growing A New Lending Force

... t even moved their accounts yet, and I'm still going after them.” “It’s sort ... loans can fray relationships. Last year, L+M Development Partners sued Santander Bank for refusing to ... finding a path for struggling borrowers. “I’m not willing to roll over, but I ...

May 10, 2026
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Soloviev To Pocket $526M In 9 W. 57th St. Refi
News

Soloviev To Pocket $526M In 9 W. 57th St. Refi

... than $300M in the process. UPDATE, MAY 7, 5 P.M. ET: This story has been updated with details and a ...

May 07, 2026
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A rendering of 350 Park Ave., an office tower from Ken Griffin, Vornado and Rudin expected to start construction in April.
News

Ken Griffin: Citadel NYC Tower 'Probably' Going Ahead Despite Mamdani Video

... , are interesting and valid.” UPDATE, MAY 5, 9:50 P.M. ET: This story has been updated to include a comment ...

May 05, 2026
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SARA QUEEN
News

Oxford Properties Hires MetLife Exec As New Head Of U.S.

... career,” Queen said in a statement. “I’m looking forward to building on the momentum in ... the time. CORRECTION, APRIL 30, 5 P.M. ET: A previous version of this story did ... been updated. CORRECTION, APRIL 30, 5 P.M. ET: Daniel Fournier is no longer at Oxford ...

Apr 30, 2026
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An empty lot with a view of Manhattan.
News

Rising Oil Prices Cast Uncertainty Over NYC's Booming Building Pipeline

... CEO and President Mike Elmendorf said. Both 467-m and 485-x, New York’s office-to ... as developers figured out how to use 467-m and are expected to almost double again ... of fuel and higher materials prices. “I’m concerned that if prices go up and developers are ...

Apr 24, 2026
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Christine Wendell and KC Crosby of Pronto Housing.
News

NYC's Affordable Housing Lottery Is Broken. This Startup Aims To Fix It

... with Christine, just saying, ‘Hey, I'm back, and I don't know what I'm going to do yet,’” Crosby said ...

Apr 16, 2026
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Hochul, Mamdani Revive Pied-À-Terre Tax On $5M NYC Second Homes
News

Hochul, Mamdani Revive Pied-À-Terre Tax On $5M NYC Second Homes

... projected at the time.  UPDATE, APRIL 15, 5:15 P.M. ET: This story has been updated to include a statement ...

Apr 15, 2026
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