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SL Green looking to shed WeWork property
News 3 days ago
SL Green looking to shed WeWork property

Major city office landlord SL Green is trying to cut its exposure to WeWork, according to a source, selling a Midtown property leased entirely by...

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Macy's moving headquarters to LIC
News 1 week ago
Macy's moving headquarters to LIC

Macy's will relocate its corporate headquarters to Long Island City as part of its decision to cut stores, lay off workers and resuscitate its...

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De Blasio’s Tiny Houses Plan for Apartments in Basements, Garages and Backyards
News 1 week ago
De Blasio’s Tiny Houses Plan for Apartments in Basements, Garages and Backyards

Sign up for "THE CITY Scoop," our daily newsletter where we send you stories like this first thing in the morning. The de Blasio administration...

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San Francisco’s Transamerica tower selling to NYC developer for $700M
News 1 week ago
San Francisco’s Transamerica tower selling to NYC developer for $700M

The Transamerica Pyramid, the iconic skyscraper that has defined the San Francisco skyline for almost half a century, is poised to change hands for...

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Amazon inks megadeal in Staten Island, source says
News 2 weeks ago
Amazon inks megadeal in Staten Island, source says

Amazon is dramatically expanding its Staten Island footprint, a source revealed to Crain's. The nearly $1 trillion e-commerce giant has leased a...

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Stop Cuomo's LaGuardia Air Train from steamrolling Queens community
News 3 weeks ago
Stop Cuomo's LaGuardia Air Train from steamrolling Queens community

The current proposal to build a rail link to LaGuardia is misguided, lacking any real public benefit. It is, at the same time, a boondoggle for...

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200-year-old nonprofit cashes out on its real estate portfolio
News 3 weeks ago
200-year-old nonprofit cashes out on its real estate portfolio

A nearly 200-year old social services group, which provides foster care, homeless, mental health and education programs to city youths, is selling...

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200-year-old nonprofit cashes out real estate portfolio
News 3 weeks ago
200-year-old nonprofit cashes out real estate portfolio

A nearly 200-year old social services group, which provides foster care, homeless, mental health and education programs to city youths, is selling...

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Developer reveals new look for Hudson Yards district office tower
News 1 month ago
Developer reveals new look for Hudson Yards district office tower

The development team behind the 3 Hudson Boulevard tower that will rise near Hudson Yards has revealed a peek at a new design, the third one for...

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2019: a year of action
News 1 month ago
2019: a year of action

Left to right: Jay Kriegel, Kevin R. Wang, Jim Whelan, Robin Fisher, William C. Rudin, Jodi Pulice, David Greenbaum and Henry M. Celestino. The...

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This REIT executive is bringing a brand-new look to Penn Station
News 1 month ago
This REIT executive is bringing a brand-new look to Penn Station

David Greenbaum, vice chairman of Vornado Realty Trust and winner of REBNY's Harry B. Helmsley Distinguished New Yorker Award, was inspired to go...

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REBNY to honor a tireless champion of the city posthumously
News 1 month ago
REBNY to honor a tireless champion of the city posthumously

When phase one of Hudson Yards, the largest real estate project in New York City's history, opened earlier this year on Manhattan's West Side, Jay...

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Whether representing tenants or growing her business, Robin Fisher never slows down
News 1 month ago
Whether representing tenants or growing her business, Robin Fisher never slows down

When Robin Fisher graduated from college, she was set on finding a path to financial independence. Although she initially explored a finance career...

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This real estate entrepreneur’s true calling: creating opportunity for others
News 1 month ago
This real estate entrepreneur’s true calling: creating opportunity for others

While growing up on Staten Island, Jodi Pulice, the recipient of REBNY's Bernard H. Mendik Lifetime Leadership in Real Estate Award, didn't know...

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After learning the business from the ground up, a broker achieves success as a developer
News 1 month ago
After learning the business from the ground up, a broker achieves success as a developer

For Kevin R. Wang, owner of KRW Realty Advisors, winning the Louis Smadbeck Memorial Broker Recognition Award has special meaning. The first...

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A passion for building started early, thanks to his dad
News 1 month ago
A passion for building started early, thanks to his dad

The winner of REBNY's George M. Brooker Management Executive of the Year Award discovered his love of building early. Henry M. Celestino, the vice...

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De Blasio administration edges controversial BQX project forward
News 1 month ago
De Blasio administration edges controversial BQX project forward

There may finally be movement on the BQX-but it is still a long way from laying down any track. The city Economic Development Corp. launched a new...

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WeWork hits the brakes in New York, London after IPO debacle
News 1 month ago
WeWork hits the brakes in New York, London after IPO debacle

WeWork’s days of breakneck expansion are over, at least for now. New leases by the flexible office firm nosedived in New York and London, its top...

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Book Culture stores in life and death battle
News 1 month ago
Book Culture stores in life and death battle

The embattled independent bookstore Book Culture on Columbus Avenue has been closed, after being served with an eviction notice by its landlord....

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New York's landlord of the dance gets $2 million grant
News 1 month ago
New York's landlord of the dance gets $2 million grant

Gina Gibney, New York's landlord of the dance, announced her troupe received a $2 million grant that will enable it to double in size and begin...

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Wall Street bargain hunter will save $180 million in office rent
News 1 month ago
Wall Street bargain hunter will save $180 million in office rent

One of Wall Street's kings of bargain basement buying found a way to cut the price of its own headquarters on Sixth Avenue. Fortress Investment...

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Judge Nixes Inwood Rezoning, Siding With Locals Against Mayoral Building Plan
News 2 months ago
Judge Nixes Inwood Rezoning, Siding With Locals Against Mayoral Building Plan

Sign up for "THE CITY Scoop," our daily newsletter where we send you stories like this first thing in the morning. In a major blow to a high...

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Property-tax reform 'highly unlikely' in 2020, council speaker says
News 2 months ago
Property-tax reform 'highly unlikely' in 2020, council speaker says

The city's political leadership is already backing away from New Year's resolutions, and it's only December. City Council Speaker Corey Johnson...

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Commercial rent control bill doesn't solve the reason for high vacancy rates
News 2 months ago
Commercial rent control bill doesn't solve the reason for high vacancy rates

In response to what some are calling a retail vacancy crisis, the City Council is attempting to tackle the issue with a bill that effectively...

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Landlord group releases 2020 legislative wish list
News 2 months ago
Landlord group releases 2020 legislative wish list

The rent reforms passed this year seem to have blindsided many property owners-but one of their top lobbying groups has 2020 foresight. The...

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North Brooklyn development calls for 1,000 apartments—and an East River swim
News 2 months ago
North Brooklyn development calls for 1,000 apartments—and an East River swim

A developer has unveiled a vision that could bring 1,000 new apartments, a waterfront park and maybe even East River swimming to a 4-acre stretch...

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These are the neighborhoods where buying is better than renting
News 2 months ago
These are the neighborhoods where buying is better than renting

Deciding whether to rent or buy in New York doesn’t just factor down to affordability anymore. For potential buyers, the number of years they plan...

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How Free Wi-Fi Kiosks Expose New York’s Digital Divide
News 2 months ago
How Free Wi-Fi Kiosks Expose New York’s Digital Divide

When New York City announced in 2014 that a private company would replace pay phones with thousands of kiosks offering free Wi-Fi, Mayor Bill de...

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Uptown neighborhood continues its rise despite a lack of new development
News 2 months ago
Uptown neighborhood continues its rise despite a lack of new development

In the early 1980s a Columbia University undergrad named Barack Obama rented an apartment in Manhattan Valley, which stretches between West 96th...

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NYCHA Monitor’s $12 Million Budget Includes His $600-an-Hour Pay
News 2 months ago
NYCHA Monitor’s $12 Million Budget Includes His $600-an-Hour Pay

Sign up for "THE CITY Scoop," our daily newsletter where we send you stories like this first thing in the morning. The cost of reform is steep:...

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