New York City
Development Boom Still Going: $42M Site Sale
April 12, 2017 The development boom in New York City is still going — a builder just paid $42.4 million… Read more
New Acquisition Pro for Top Development Firm
April 11, 2017 Have a property to sell? Something ready for redevelopment? Adam Metzger has joined L&L Holding Company as… Read more
Landlord Indicted for Mortgage Fraud
April 11, 2017 Dean Galasso, owner and operator of several New York City apartment properties, has been indicted on six… Read more
Finally! 421-a Renewed, State Budget Passed
April 11, 2017 The New York State Legislature finally passed its $153 billion spending plan this weekend for 2017-2018. The… Read more
NYCHA Finds Cash for Energy Efficiency
April 7, 2017 The cash-strapped New York City Housing Authority (NYCHA) found an ingenious way to pay for $56 million… Read more
One Year of Mandatory Inclusionary Zoning
April 7, 2017 Mayor Bill de Blasio took a victory lap on the one-year anniversary of New York City’s Mandatory… Read more
Transit-Oriented, Waterfront Apartments Under Construction in Middlesex
April 6, 2017 Woodmont Properties is building 126 apartments, surrounded by shops and amenities, near the train station on the… Read more
Shared Space for Top Engineering Firm
April 5, 2017 DeSimone Consulting Engineers wanted a “contemporary work environment” for their New York City headquarters that would facilitate… Read more
E-tailers Get Real In NYC
April 5, 2017 When online retailers open permanent stores in the real, physical world, they overwhelmingly tend to open their… Read more
Development Opportunities within the Rikers Island Plan
New York City’s plan to close the jail complex on Rikers Island will eventually require a lot of new construction.… Read more
Premium Co-Work Space
Companies developing creative sharing and co-work space isn’t exactly news. But it becomes news when a company is directing the… Read more
New York’s Rent Freeze Isn’t Going Anywhere
New York’s rent freeze for rent-stabilized apartments is still around, thanks to the New York State Supreme Court. The freeze… Read more
Energy Savings Equates to Cost Savings for Rudin Management
Technology is making a huge difference at the office properties managed by Rudin Management. “This year we will save $5… Read more
Housing Authority CEO Goes to Washington
Shola Olatoye went to Washington, D.C., March 27, 2017, to fight for the New York City Housing Authority (NYCHA), the… Read more
New Ferry Boats Start 1,742-Mile Journey
The first of 20 new ferry boats built for the soon-to-be-launched Citywide Ferry Service recently left the Horizon Shipyard in… Read more
$51M for NYC Style
New York City plans to spend $51 million to help the garment manufacturing business expand. “I’m committed not just to the… Read more
NYC Retail: Rents High, Vacancies Low
New York City retailers are filling up new space faster than developers can build it. Positive net absorption drove the… Read more