With the Democratic primary coming to an end, the question is no longer who in real estate donated to Andrew Cuomo’s run for mayor, but who did not. A super PAC backing Cuomo, Fix the City, has brought in nearly $25 million, with more than $5.5 million coming from real estate executives and construction unions. […]
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Scholastic is setting up its Soho headquarters for sale, with a twist. The book publishing giant is eyeing a sale of part or all of its buildings at 555-557 Broadway in the trendy Manhattan neighborhood, Crain’s reported. Scholastic tapped Newmark to seek potential buyers for the property. Scholastic would look to then lease back the […]
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Controversial landlord Steve Croman faces a new lawsuit alleging he failed to pay rent on a Noho office space. The suit was filed last month by Lafayette-Astor Associates, an entity connected to Jeff Gural’s GFP Real Estate. The plaintiff claims Croman and his firm failed to pay $900,000 in rent and other fees at 740 […]
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Another townhouse development from Eckstrom’s Carlos Saavedra and Nicole Eckstrom has scored the top weekly contract in the Brooklyn luxury market. The 23-foot-wide townhouse had a last asking price of $11.85 million. In total, the borough saw 22 contracts — six condos, one co-ops and 16 townhouses — with a total volume of $80 million […]
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As voters head to the polls, the democratic socialist candidate appears to be neck-and-neck with Andrew Cuomo. That has many executives worried.
The Fed chair will tell lawmakers that the central bank can wait to see how President Trump’s tariffs affect the economy before lowering borrowing costs.
There were 200 deals recorded, totaling about $337 million, in New York City on June 23. 🏆Residential: The top residential sale recorded in New York City was for a 7,000-square-foot condominium at Gary Barnett’s Extell Development’s 217 West 57th Street along Billionaires’ Row. The apartment sold at a loss, for $39.5 million; both parties were […]
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The Democratic primary is here. Over the last few weeks, I’ve posed the same five real estate-related questions to the mayoral candidates and featured their answers in this newsletter. The series featured Sen. Zellnor Myrie, Assembly member Zohran Mamdani, Comptroller Brad Lander, former Comptroller Scott Stringer, City Council Speaker Adrienne Adams and former Assembly member […]
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Videos promoting a quick hack for having student loans forgiven are circulating. Experts warn the trick doesn’t work.
For cafes like Haraz Coffee House, riding a wave of interest nationwide in late-night, alcohol-free gathering spaces means embracing the franchise model.