Market
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Zeckendorf’s 80 Clarkson Nabs Contract For $129M
Zeckendorf Development and Atlas Capital Group inked a $129 million deal at their buzzy 80 Clarkson development, The Real Deal…
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Judge Tosses Pierre Hotel Lawsuit Opposing $2B Sale
Social: A judge tossed the lawsuit filed by residents of the Pierre Hotel against the board. The lawsuit over the…
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Blackstone Sells Flushing Retail Complex for $425M
Months after putting it on the market, Blackstone found a buyer at the desired price point for The Shops at…
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Hungerford, Haruvi Face Foreclosure on Loans Worth $173.4M
Two of New York’s most prominent multifamily landlords have been hit with two foreclosure suits targeting their portfolios. Lenders filed…
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Steve Croman Defaulted on $217 Million, Lenders Say
Infamous Manhattan landlord Steve Croman is dealing with more than 28 active foreclosure lawsuits targeting properties he controls. In total,…
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Judge Dismisses Lawsuit Against City of Yes
A legal case trying to nullify the City of Yes rezoning was dismissed in Staten Island state court Wednesday. The…
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Real Estate Reacts to Zohran Mamdani’s Win
For some in the real estate industry, their worst fears became a reality Tuesday night. A Democratic socialist is heading…
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NYC City Council Greenlights Jamaica Rezoning
The City Council on Wednesday approved the rezoning of 230 blocks in Jamaica, Queens, marking the fourth neighborhood rezoning approved…
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Eli Karp’s Troubled Flatbush Development Returns To Lender
Eli Karp’s troubled Flatbush development site has gone back to its lender in a credit bid. Madison Realty Capital took…
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Vornado’s 650 Madison Sent to Special Servicing
A Class A office building that touted high-end tenants like Ralph Lauren has been transferred to special servicing. The borrower…
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