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Liquidating the assets, several of which Nightingale CEO Elie Schwartz is already battling to hold on to, in a tough market will be no easy feat.
7 months ago
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The MTA used an eminent domain proceeding to take over a line of properties between East 119th and 120th streets earlier this year.
7 months ago
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Bisnow Reports speaks to Danielle Lombardo, who is the chair of Lockton’s global real estate practice.
7 months ago
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Larry Weinstein, the former president of Simon Property Group’s Premium Outlets platform, joined Capricorn.
7 months ago
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After the company missed interest payments, analysts say a bankruptcy is more likely for the coworking giant.
7 months ago
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Samantha Rudin Earls and Michael Rudin will assume the roles of co-CEOs starting in January.
7 months ago
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Bisnow Reports speaks with Yao Morin, chief technology officer of JLL.
7 months ago
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The 1.8M SF building at 1285 Sixth Ave. had a $1.2B loan on it, and RXR has now negotiated a modification.
7 months ago
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Site Centers has created Curbline Properties Corp., which will be the first public REIT totally focused on the convenience sector.
7 months ago
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Vornado CEO Steven Roth acknowledged his company’s attempts to win a casino license are likely dead in the water.
7 months ago
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The firm occupies nearly 200K SF in the Financial District.
7 months ago
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MSCI Real Assets’ chief economist explains why the people who will likely profit from the distress this cycle are the ones “who can swing a hammer.”
6 months ago
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The bank is marketing a combination of loans, including $120M of nonperforming debt backed by five offices in NoMad.
6 months ago
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Regime changes at Silverstein, Rudin and SL Green have put the issue of real estate succession planning back in the spotlight.
6 months ago
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Kim said uncertainty is still increasing in commercial real estate, to the detriment of property values.
6 months ago
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The 72-story property at 40 Wall St. was put on a watchlist in February.
6 months ago
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A Boston Consulting Group study shows companies that require office attendance, even with hybrid work, had lower sales between 2020 and 2022 than other firms.
6 months ago
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Simmons founded Asland Capital Partners after stints at Ares Management and Apollo Global.
6 months ago
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Slone said the capital markets, while opening up opportunities, have caused headaches for HGI’s properties too.
6 months ago
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Office REIT shares jumped an average of 11.5% on Nov. 14.
6 months ago
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Michael Colacino is joining JLL to lead its Tri-State brokerage team.
6 months ago