Market

Condo at Extell’s One57 Lists For $90M

A condo at Extell Development’s One57 hit the market for a whopping $90 million.  Residence 64, which was listed on…

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Mysteries of the Elizabeth Street Garden

One mystery (nearly) down, several more to go with the Elizabeth Street Garden deal. One day before the primaries, First…

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Extell Sues Joel Wiener Over Midtown Hotel Liquor License

Gary Barnett and Joel Wiener may not be having drinks at their nearly-completed Diamond District Hotel anytime soon. Barnett’s Extell…

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Trump Organization Clears Debt at 40 Wall Street

While there’s plenty going on in the world of President Donald Trump these days, his real estate organization still found…

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RXR, Apollo, SL Green Land $575M for 5 Times Square

The power players behind the office-to-residential conversion of 5 Times Square landed a massive financing package to advance the project.…

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MTA Launches Next Eminent Domain Push for Second Ave Subway

It’s a familiar story: the Metropolitan Transportation Authority is launching an eminent domain case to seize properties it needs to…

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Jared Solomon Charged With Fraud at Vornado

A former vice president in Vornado Realty Trust’s vaunted leasing office has been charged with stealing millions of dollars from…

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Mamdani’s Win is Crushing Defeat for Real Estate

New York survived the 1970s fiscal crisis, Black Monday of 1987, the Crown Heights riots of 1991, the terrorist attacks…

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Lessons for Real Estate from NYC’s Mayoral Election

As I write, polls are open for a few more hours in New York City, but whether Andrew Cuomo or…

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Developer Plots 270-Unit Project on Vacant Queens parcel

After holding the lot for close to a decade, developer Sam Zirkiev is planning to deliver nearly 300 units to…

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