Some Democrats who had supported legislation for so-called stablecoins are now demanding tougher language to prevent fraud and money laundering.
The dreams of prospective cannabis retailers in North Fork’s Riverhead are in danger of going up in smoke. A number of disputes and controversies are lighting up discussion around marijuana distributors in the town, Newsday reported. Zoning is at the heart of several of these disputes. Tink & E. Co filed a lawsuit against the […]
This article originally appeared on The Real Deal. Click here to read the full story.
It’s music to every developer’s ears: the sound of a construction loan being cut. Sam Charney’s Charney Companies landed $135 million in financing for its 45-story condo tower at 95 Rockwell Place in Fort Greene, the developer told The Real Deal. BH3 Management and Madison Realty Capital provided the loan. “In what was a very […]
This article originally appeared on The Real Deal. Click here to read the full story.
The New Yorker won three Pulitzers, and ProPublica was given the public service award for its coverage of the deadly consequences of state abortion bans across the country.
Amazon’s global real estate chief, Shannon Loew, is stepping down just months after stepping into the role.
Weather-related delays on top of staffing shortages and runway construction have snarled travel at one of the nation’s busiest airports.
Yitzchok Katz’s Goose Property Management scored a $166 million construction loan for four adjacent multifamily buildings in Boerum Hill. Slate Property Group provided the loan for the project, which includes three 99-unit buildings and one 70-unit building, an apparent attempt to avoid the $40 wage floor that kicks in at 100 units under 485x. The […]
This article originally appeared on The Real Deal. Click here to read the full story.
Manhattan’s luxury market logged another bustling week, led by inked deals for a cryptocurrency executive’s West Village quadplex and a penthouse above the Public Hotel. Buyers signed contracts for 33 homes asking $4 million or more in the borough between April 28th and May 4th, according to Olshan Realty’s weekly report. The total was up […]
This article originally appeared on The Real Deal. Click here to read the full story.
LOCAL DEK: HOMEPAGE HED: HOMEPAGE SUBHED FOCUS KEYPHRASE: Earle Altman, who spent decades at Helmsley Spear before founding ABS Partners Real Estate, died on May 1. He was 93. Altman’s passing was disclosed in a release by the Young Men’s/Women’s Real Estate Association, an organization he once chaired. No cause of death was disclosed. After […]
This article originally appeared on The Real Deal. Click here to read the full story.
The Puget Sound region faces an ever-increasing housing affordability crisis, fueled in part by low inventory, slow production and high material and labor costs.
Since 2022, rapidly rising insurance costs have exacerbated the situation, making new projects infeasible while creating significant pressure to increase rents to maintain net operating income. State and local governments have responded to housing production issues by reforming land use codes to expedite permitting and reduce costs.
While…