Development buzz is growing on the Greenpoint waterfront. The Jay Group has secured a $320 million construction loan for a 590-unit rental project at 97 West Street in Brooklyn. G4 Capital Partners provided the financing. Henry Bodek of Galaxy Capital brokered the transaction.  It’s the third deal between The Jay Group and G4, according to the lender’s co-managing partner Jason Behfarin. “It demonstrates our commitment to our experienced and capable sponsors,” he said.  The neighborhood, at the northern tip of Brooklyn, has seen a spate of high-density residential development. The area was rezoned in 2005, allowing for residential construction in […]

This article originally appeared on The Real Deal. Click here to read the full story.

South Florida contractors are among the busiest in the country, with more concerns in the market about too much construction than not enough. That means they’ve had to find ways to finish jobs in a perpetually volatile economic climate.

A high-profile San Jose apartment tower faces legal and financial pressure on two fronts, as its general contractor has moved to force the owner into involuntary bankruptcy just as the building heads toward possible foreclosure, The Mercury News reported. 

The Georgia Public Service Commission refused a request to delay its final vote on a large expansion of the state’s electrical grid until after two newly elected Democrats join the commission. 

There were 212 transactions totaling $324 million recorded in New York City over the prior 24 hours before 4 p.m. on Tuesday, Nov. 18, 2025. 🏆 Residential: The top residential transaction recorded in New York City was for a Carnegie Hill co-op. Real estate executive Richard Hadar and his wife Mica Hadar, an actress and playwright, dropped $13 million on a 4,000-square-foot pad, sold by movie producer Kristin Kehrberg, at 1050 Fifth Avenue. The unit, which had last traded in 2016 for $16.5 million, is currently configured to have three bedrooms and an office/library. Brian Logvinsky and Ryan Siciliano with […]

This article originally appeared on The Real Deal. Click here to read the full story.

Philadelphia procurement contracts, which totaled about $4B last year, have long been coveted by the region’s real estate and construction firms. The way they are allocated has changed dramatically.

After four consecutive down days, the stock market is looking increasingly queasy. Earnings reports from Nvidia, Walmart and Target could hint at what’s ahead.

As cruise travel hits record demand, cases of sexual assault have also risen. Many accusers learn that the rights they had on land don’t always apply.

European chipmakers need TSMC’s help to grow their own semiconductor supply chain, but the chip giant’s Taiwanese suppliers find Europe a tough place to do business.

AECOM’s construction management business might be up for sale soon. 
The company is reviewing possible alternatives that might include selling that division off, it announced Tuesday in a quarterly earnings release. 
AECOM stands for architecture, engineering, construction, operations and management, and construction management is one of its longest-standing business lines. AECOM Construction Management will officially be classified as held for sale on its balance sheet.
AECOM’s advisory business is the company’s biggest moneymaker and produces the highest levels of returns, executives said during a conference call. Its investment in proprietary artificial intelligence platforms is also yielding outsized returns, and AECOM said it is testing third-party applications.
The firm is…