Market
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Trump Commutes Sentence of NY Developer Tied to Fraud in CT
Donald Trump commuted the federal prison sentence of a Brooklyn real estate developer convicted in a sweeping mortgage fraud scheme…
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Judge Delays Gary Barnett’s Worldwide Plaza UCC Sale
A Manhattan judge has hit pause on a UCC sale tied to Worldwide Plaza in a high-stakes legal brawl among…
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Eyal Ofer’s Global Holdings Lands AI Tenant At 25 Kent
An AI startup with a housing stipend is swapping Long Island City for Williamsburg’s waterfront. Voice analytics company Rilla inked…
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Mamdani Appoints Ahmed Tigani As DOB Commissioner
Zohran Mamdani has added a Department of Buildings commissioner to his incoming administration. The mayor-elect announced on Wednesday the appointment…
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Shelter Island Estate Targets Local Record With $18M Ask
Next year, a seller is setting his sights on a record sale for Shelter Island. Interior designer Ben Broughman, senior…
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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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