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10/26/2021 Macquarie Capital Refis FiDi Condo Tower Before Foreclosure With $167M Loan—Commercial Observer

Macquarie Capital, an investment division within Sydney, Australia-based financial services firm Macquarie Group, has refinanced the 40-story residential condominium tower at 77 Greenwich Street in Manhattan’s Financial District, staving off foreclosure moves by the owner’s previous senior and mezzanine lenders.
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10/25/2021 My lifelong fight for true housing justice here in the Bronx—Riverdale Press

During my tenure in the Assembly representing our community, the landscape for housing rights has changed dramatically — especially over the past two years.
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10/25/2021 Harlem's Esplanade Gardens Tenants 'Tortured' By Endless Repairs—Patch.com

Two years of capital improvements being carried out at Harlem's famous Esplanade Gardens complex have been badly mishandled, according to residents, who instead refer to the work as "capital punishment."
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10/25/2021 HAP Investments Sells Stake in $506M Multifamily Project in Manhattan—RE Business Online

HAP Investments, a New York City-based residential and commercial developer, has sold its equity stake in The Maverick, a $506 million multifamily project at 215-225 W. 28th St. in Manhattan’s Chelsea neighborhood that is nearing completion.
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10/25/2021 Prioritizing equity is needed to combat green-city gentrification and 'irresponsible environmental policies,' urban geographer says—Business Insider

In Pilsen, a historically Latino neighborhood in Chicago, the city plans to construct a multipurpose 4.2-mile-long path, dubbed El Paseo Trail, along the abandoned rail line.
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10/22/2021 City Planning approves Soho rezoning, opponents call foul—Real Estate Weekly

The city planning commission has given its backing to a plan to rezoning parts of Soho, Noho and Chinatown.
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10/21/2021 Fidi condo tower risks foreclosure as Trinity Place Holdings races to refinance—The Real Deal

Trinity Place Holdings is racing to close an inventory loan for its trophy Financial District condo tower before forbearance agreements with its lenders expire in two weeks.
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10/21/2021 New York Housing Demand Surges After Pandemic Slowdown—Realtor.com

New York City’s housing market is undergoing a powerful rebound, fueled by New Yorkers trading up, out-of-staters moving in, and others looking beyond the pandemic’s aftershocks to make a long-term bet on the city.
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10/21/2021 Plans change for River North: NYC Council committee OKs 700-unit high-rise, clearing way for final approval—SI Live

After a Manhattan developer amended its plan for River North to include fewer units and stories, the City Council’s zoning committee gave the St. George waterfront project a thumbs up on Tuesday, clearing the way for a full Council vote that would allow the plan to come to fruition.
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10/19/2021 Luxurious Makeover Comes To Upper West Side Residential Selection—Forbes

Manhattan’s Upper West Side has long been associated with a number of character-laden pre-war co-op properties coveted by household name celebrities.
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10/19/2021 A Duplex Penthouse in New York With a Celebrity-Studded History—Mansion Global

This duplex penthouse once owned by the actress and singer Mary Martin, who starred in the Rodgers and Hammerstein musicals “South Pacific,” “Peter Pan” and “The Sound of Music,” is the crown jewel of The Campanile, a pre-war building on the east side of Midtown Manhattan.
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10/14/2021 Off-Plan Condo Buyers Are Demanding a More Bespoke Experience, Designer Says—Mansion Global

Katherine Newman, founder of Toronto-based design firm Katherine Newman Design, took on the huge task of designing 483 modern, minimal interiors of Brooklyn Point, a 720-foot-high, 68-floor condo that opened in 2020 in downtown Brooklyn, New York.
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10/14/2021 Search National Cooperative Bank Originates Over $275 Million for New York Area Cooperatives and Condominiums in Third Quarter of 2021—MultifamilyBiz

National Cooperative Bank (NCB), a leading lender to cooperative housing and condominiums throughout the Tri-State area, originated over $275 million to 71 New York area housing cooperatives and condominiums during the third quarter of 2021.
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10/14/2021 Affordable Brooklyn housing project sits empty for more than two years—New York Post

Three dozen affordable Brooklyn apartments have been sitting vacant for more than two years despite the city’s desperate need for such housing.
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10/14/2021 New agreement allows thousands of NYC commercial, residential properties to mandate vaccination for building service employees—amNY

Thousands of commercial and residential properties in the city, including condos and co-ops, now have the option to mandate vaccination for building service employees.
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10/12/2021 The Manhattan Real Estate Market May Be At An Inflection Point: Watch These Categories—Forbes

As Manhattan real estate enters the fall busy season, it bears asking: What does the market look like today, and where is it headed?
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10/8/2021 NY Doorman Claims Resident Promised Him a Third of His Fortune—WealthManagement.com

A doorman at a luxury apartment in New York City, at 14 Sutton Place in Midtown East, has filed suit against a former resident’s estate, claiming the man promised to leave him one-third of his fortune.
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10/8/2021 NYC recovers as Manhattan apartment sales surge to three-decade high—NY Post

In the latest sign that the New York City real estate market is quickly recovering, third-quarter reports reveal that more Manhattan apartments were sold than at any other point of time in the last three decades.
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10/6/2021 NYC’s Tax Revenue Exceeds Pre-Pandemic Level as Real Estate Sales Boom—Commercial Observer

Tax revenue coming from New York City’s real estate deals has exceeded even pre-pandemic levels as demand for residential properties in the five boroughs rises.
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10/6/2021 Lights Out Feared for NYC New Community Solar Projects as State Credits Fade—The City

New York is primed to soak up the sun, but the city’s ability to hit its solar-power targets could be in jeopardy.
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