Real Estate

Chetrit’s Queens industrial loft signs warehouse startup for 90K sf

The Real Deal 11/24 7:45A By Akiko Matsuda
Flex-warehouse startup ReadySpaces has inked a 90,000-square-foot lease at Isaac Chetrit’s industrial loft building in Ridgewood, Queens. Led by co-founders John Zimmerman and Kevin Petrovic, the company has been growing its footprint with...

Pandemic dashed one-quarter of Trump’s NYC retail tenants

The Real Deal 11/24 6:00A TRD Staff
About one-quarter of the Trump Organization’s New York City retail tenants either left or closed during the pandemic, according to an analysis by Forbes. Prior to the pandemic’s onset, Trump counted more than 30 retail tenants in the city. New...

NYC hotels hoping for holiday business swell likely to be disappointed

The Real Deal 11/24 3:15A TRD Staff
New York City hotel operators are going to be feeling like Ebenezer Scrooge this holiday season if reported occupancy expectations hold up. CBRE Group’s hotel division forecast occupancy in the city to hit 56 percent during the fourth quarter,...

Princeton proud: Eric Schmidt reportedly bidding to save club

The Real Deal 11/24 2:30A TRD Staff
New York City’s Princeton Club could have a solution to its problems in the form of a notable Princeton alum: former Google CEO Eric Schmidt. The billionaire has bid on the loan for the troubled club, people familiar with the situation told...

Affordable housing developer Camber scoops up Section 8 portfolio

The Real Deal 11/22 7:30A By Akiko Matsuda
Camber Property Group has acquired a portfolio of three project-based Section 8 communities across three boroughs in New York City for $105 million. Founded by L+M Development Partners alumni Rick Gropper and Andrew Moelis, Camber has been...

Harlem developer charged in campaign finance scheme

The Real Deal 11/21 3:53A TRD Staff
A Manhattan real estate developer has been charged with attempting to fatten the wallet of a candidate in this year’s New York City comptroller’s race by making campaign contributions in names of people who hadn’t authorized the payments —...

Letter to the Editor: City's retirement loan program works well (Real Estate) 11/19 3:12A Rafael E. Cestero
The New York City Retirement Systems is succeeding brilliantly in providing affordable housing across the city, says the program's largest lender To view the full story, click the title link.

New York City Technology Market Reaffirms Powerful Position (Real Estate) 11/18 11:00P By DELOITTE
New York City has largely been recognized as a burgeoning technology hub for the East Coast region. Dubbed “Silicon Alley” in the 1990s, tech companies located between midtown and SoHo have been... To view the full story, click the title link.
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