The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not subside.
Sometimes compromise means nobody ends up happy. That’s certainly the case for New York City’s Rent Guidelines Board, which voted to raise prices in rent-stabilized units by a number too low for landlords and higher than the freeze tenant activists have lobbied for. The board, a majority of which are appointed by the mayor, voted […]
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New York City building owners haven’t had much to cheer about lately. State legislators did nothing on rent stabilization. The Federal Reserve paused interest rate reductions because of uncertainty about tariffs. And Zohran Mamdani won the Democratic primary for mayor running on a “freeze the rent” platform. But Monday brought some long-awaited good news, however […]
This article originally appeared on The Real Deal. Click here to read the full story.
It has continued to slide even as President Trump has backed down from his tariff threats and the U.S. stock market has recovered from its losses.
The lawsuit has added a layer of complexity to Paramount’s multibillion-dollar merger with Skydance, a Hollywood studio.
The annual Rent Guidelines Board vote generates so much spin you might need a neck brace. But neck braces are uncomfortable, especially when the temperature hits the mid-80s, as it will today in New York City. And it will feel hotter for landlords, given what’s at stake when the RGB votes. To gird yourself for […]
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Meta is looking to raise nearly $30B to finance the build-out of artificial intelligence data centers and is turning to some of the biggest names in private capital for help.
President Trump has repeatedly attacked Jerome H. Powell, chair of the Federal Reserve, for resisting his demands for lower interest rates.
Real estate’s biggest names are getting involved at the lending level on a giant Long Island City residential project. Starwood Capital Group, Gotham Organization and Blackstone Real Estate Debt Strategies provided the $389 million construction loan for the development at 30-25 Queens Boulevard, Bloomberg reported. The project is being developed by Baron Property Group and […]
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The construction timeline for a new arena in the South Philadelphia Sports Complex could accelerate now that the city has been awarded a WNBA expansion team.