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Politics
Amazon uses affordable housing as lobbying and PR effort
January 11, 2021Amazon said it would commit more than $2 billion to create and preserve affordable housing in three of its...
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Acquisitions
REITs have tumbled to tremendous discount
January 11, 2021Brookfield Asset Management has made an offer to take its commercial real estate arm Brookfield Property Partners ($BPY) private...
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Politics
Socialist joins City Planning Commission
January 5, 2021Public advocate Jumaane Williams is set to nominate Cea Weaver, a left-wing tenant activist to the 13-person City Planning...
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PropTech
WeWork goes to war with Joe Chetrit
January 5, 2021WeWork has filed a lawsuit against the Chetrit Group after the developer threatened to draw down...
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PropTech
SoftBank bails out Katerra. WeWork 2.0?
January 4, 2021SoftBank Group has agreed to invest an additional $200 million to bail out Katerra, according to the Wall...
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Acquisitions
Jonathan Rose buys Bronx affordable housing complex
January 4, 2021Jonathan Rose Companies has acquired an affordable housing property at 350 Saint Ann’s Avenue in the Bronx...
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Financing
Jared Kushner appears headed back to Kushner Companies
January 3, 2021Kushner Companies has filed paperwork to raise at least $100 million by selling bonds on the Tel Aviv...
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Politics
Eviction ban stuns real estate industry
December 29, 2020A sweeping eviction ban that advanced in the New York State Legislature on Monday hurts struggling property owners....
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Politics
New eviction legislation puts landlords in a bind
December 28, 2020New York lawmakers have reached a deal to pass a bill that would extend an eviction moratorium until...