All posts tagged "Featured"

PropTech

WeWork bids farewell to China after suffering massive losses

Co-working provider WeWork has sold a majority stake in its China business to existing shareholder Trustbridge...

Leasing

NYC restaurants struggle to survive

A new survey found that 87 percent of NYC restaurants were unable to pay their full rent...

Acquisitions

Jason Carter buys condo project out of bankruptcy

Jason Carter has acquired a stalled condo conversion project at 305 East 61st Street via bankruptcy auction...

Politics

Outdoor winter dining in NYC remains a question mark

Next Wednesday, city restaurants will finally be permitted to reopen for indoor dining, but only at...

PropTech

PropTech firm Ming Yuan Cloud plans IPO

Ming Yuan Cloud Group, plans to launch an initial public offering later this month, making it...

Acquisitions

Joshua Zinn buys LIC development site

Joshua Zinn’s Botanic Properties and the Carlyle Group have acquired a development site at 24-02 Queens Plaza South in LIC...

Financing

Nightingale + Wafra seeking debt for 111 Wall Street

Nightingale Properties and Wafra Capital Partners are in the market for a five-year, $860 million loan to...

Politics

Fed pledges to keep interest rates low

The Federal Reserve pledged to support the economic recovery by setting a higher bar to raise interest rates...

PropTech

Regus sends six NYC locations into Chapter 11

Co-working firm Regus, which went through a bankruptcy restructuring in 2003 after the dot-com recession, has put...

Financing

Isaac Hager faces foreclosure at Brooklyn hotel

Cornell Realty Management is facing foreclosure at 85 Flatbush Avenue Extension. Isaac Hager’s firm is in default...