And, picking up the slack for a colleague with long Covid.
New York Fed inquiries about the cost of exchanging yen for dollars signaled to traders on Friday that the U.S. government might make a large purchase of the Japanese currency.
Last year, now-Mayor Zohran Mamdani gathered with protestors outside of the Real Estate Board of New York’s annual gala. On Thursday, at the 130th edition of the event, his top officials were inside, breaking bread with the city’s largest landlords and developers.
Notably, Mamdani was not in attendance, a departure from his predecessor. Mayor Eric Adams spoke onstage in 2023 and 2024 and mingled with attendees during cocktail hour last year and during his time as Brooklyn borough president.
One of Miami’s most prominent office towers will soon have a new name after its anchor tenant has dramatically shrunk its space in a shift to West Palm Beach.
For the first time since the pandemic, Denver’s office vacancy rate declined, seeing a minor quarterly drop of 20 basis points to 28.3%, according to CBRE’s Q4 report.
The dip is slight and vacancy is still up by 1.5% year-over-year, but the decrease is a welcome sign nearly six years after the pandemic upended office markets nationwide.
A state Supreme Court judge on Friday dismissed bribery and other charges against Marcal Group’s Mark Caller, throwing out one of five indictments accusing former Department of Buildings’ Commissioner Eric Ulrich of using position in exchange for various perks. Judge Daniel Conviser granted a motion to dismiss the indictment against Caller and Ulrich, but declined to dismiss the remaining four bribery cases against Ulrich and other defendants. The 2023 indictment accused Caller of selling Ulrich a discounted apartment at his company’s 133 Beach 116th Street, in exchange for help on a zoning change Marcal Group needed and expediting inspections at […]
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The Department of Housing and Urban Development is telling landlords receiving federal aid to prove the citizenship and eligibility of nearly 200,000 tenants.
The changes came after the app’s Chinese parent company spun out an American entity to run TikTok in the United States.
It will be the latest in at least half a dozen events that the breakaway league has held at Trump Organization resorts in the past four years.
Time is ticking for opponents of NYCHA’s West Chelsea redevelopment plans and the clock just ran out on a short-lived legal challenge from a former state senator. A judge denied a recent challenge brought by former state Sen. Thomas Duane to block the public housing authority’s project, Crain’s reported. The judge declined to grant an injunction that would’ve halted the planned demolition and rebuilding of the Fulton and Elliott-Chelsea Houses. In his ruling, the judge criticized the plaintiffs for their failure to bring the lawsuit sooner, claiming they knew demolition was imminent in late November, but took another month to […]
This article originally appeared on The Real Deal. Click here to read the full story.