Months after putting it on the market, Blackstone found a buyer at the desired price point for The Shops at Skyview in Queens. A joint venture between TPG and Acadia Realty Trust is purchasing the Flushing retail complex for roughly $425 million, Bloomberg reported. That’s the same price Blackstone reportedly sought when it first publicly marketed the property in July. A Newmark team of Adam Spies, Adam Doneger and Ben Lushing is representing Blackstone in the deal, which has not yet closed. None of the parties commented on the pending transaction. The shopping center at 40-24 College Point Boulevard is […]

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Netanyahu says he is undaunted by Mamdani arrest threats or domestic legal woes

The social media star has created a vast and varied business empire with big expansion plans.

The wrinkle in this year’s Spotify Wrapped release was an estimate of the user’s “listening age.” Some wore it like a badge of honor. Others made excuses.

Steve Croman is at risk of losing his home, but not without putting up a fight first.  Croman, a now-notorious landlord, allegedly defaulted on a $31 million loan connected to the Upper East Side house he shares with his wife and son. Now, the lender is trying to sell off equity interests in the property later this month, while Croman is arguing the process has gone awry.  It’s the latest skirmish in Croman’s legal battle with lenders, who are together trying to foreclose on more than $231 million in loan principal. In the background is his fight with his father, […]

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The platforms allow people to bet on political races and the Oscars. Could they also be good for policy

As he and his company pour tens of billions into new data centers, Dario Amodei said they face a “cone of uncertainty.”

The National Park Service said seven hotels would temporarily close starting on Saturday after “significant breaks” in a crucial 12.5-mile water line.

Vienna waits for you, but savvy luxury homebuyers realized that they should wait out the initial ask on Billy Joel’s Centre Island home. The legendary crooner knocked $5 million off the listing at 502 Centre Island Road on Long Island, Newsday reported. Listed for $29.9 million in May, the massive home in the Oyster Bay hamlet can instead be had for $25 million today, or $1,250 per square foot. Berkshire Hathaway HomeServices Laffey International Realty chief executive officer Emmett Laffey referred to the price cut as a “slight adjustment,” though it dropped a sixth off the listing. Part of the […]

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A cooling labor market and economic softness in the United States haven’t prevented business leaders and policymakers from feeling positive about America’s prospects.