Michael and Susan Dell are seeding Trump accounts for American children, but the policy, as written, risks leaving out many recipients.
RJ Capital Holding has secured refinancing for a prized residential property in Queens’ Rego Park neighborhood, just nine months after opening its doors. Benefit Street Partners provided RJ Capital with an $84 million loan for the Trylon Tower at 98-81 Queens Boulevard, the Commercial Observer reported. Newmark’s Jordan Roeschlaub, Daniel Fromm and Sam Speciale arranged the debt. The 16-story, 170-unit development opened in March, featuring one- to three-bedroom apartments. The property has six units available, according to StreetEasy, ranging from a $3,200 one-bedroom unit to a $5,600 two-bedroom spread. There are 60 affordable units within the complex, built with the […]
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The move comes as the Supreme Court also appears poised to put antitrust enforcement by the Federal Trade Commission under his control.
Rachel, Monica, Joey and Chandler have a new landlord. An international investor has snapped up the West Village apartment building used as the exterior for the TV show “Friends.” Jeff Sutton’s Wharton Properties sold the six-story building at 90 Bedford Street for $32.7 million in an off-market deal, The Real Deal has learned. Baseline Real Estate Advisors’ Michael Sherman brokered the transaction. Sutton bought the building in February 2024 for $18.25 million, according to property records. He extensively renovated most of the 21 apartments, which are fully leased. A two-bedroom rented in July for $8,500, per StreetEasy. The famed property, […]
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In separate deals, two major commercial real estate investors each paid more than $60M for suburban Atlanta apartment complexes.
Montgomery and Prince George’s counties together house more than 2 million residents — far greater than the population of neighboring Washington, D.C. — but these suburbs are falling behind the rest of the region in building new multifamily housing.
Beyond the macroeconomic headwinds slowing construction and the local disruptions to the D.C. region this year, these counties are struggling to add new housing due to regulations that have scared away investors, several real estate executives said last week at Bisnow’s Multifamily Annual Conference East.
“Maryland is actually the most constrained place we operate in America today,” AvalonBay Communities Chief Investment Officer Matt Birenbaum said on stage at the Bethesda North…
The complaint and suggestion departments are open. Mayor-elect Zohran Mamdani held a closed-door meeting Tuesday with members of the Association for a Better New York and the Partnership for New York City. There, he reassured developers, lenders and investors that he is always open to hearing from them. “I [assured] that my door to their feedback, their concerns and into identifying areas of collaboration will always remain open,” he said during a press conference after the meeting. The meeting was initiated by the mayor-elect’s transition team, which also scheduled a meeting with homeless advocates later on Tuesday. At the press […]
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The new Pew report also found that two-thirds of teens said they had used an A.I. chatbot.
The philanthropist known for giving to historically Black colleges and nonprofits working on climate change offered the news by updating an October blog post.
Fortune 500 homebuilder Toll Brothers will get an extra $33M for the planned sale of its multifamily development business, but the company won’t be able to use that extra cash on holiday gifts, as the deal’s closing has been delayed to the first quarter.