Real Estate

Real Estate

Chinese Backing Away from American Real Estate

Chinese real-estate investors have become synonymous with real estate in America. A number of Chinese tourists come just to scout New York’s prime real estate, but that trend has completely reversed, in part because of pressure from Beijing.   Chinese…

By:  Samra Poullard

Millennium Wants Out of Kushner-Owned 666 Fifth Ave

High-powered hedge fund Millennium Management wants to move out of Kushner Company’s 666 Fifth Ave. in what’s the latest possible blow to the cash-hemorrhaging tower, The New York Post reports. Millennium, headed by Israel “Izzy” Englander, could vacate a 170,000…

By:  Diana Hourigan

Qatari State-Owned Company Buys NYC’s Plaza Hotel for $600M

A Qatari state-owned company has taken over New York’s Plaza Hotel, according to the operator of the historic property. Katara Hospitality, Qatar Investment Authority’s hotel division, finalized the purchase on July 2, according to a representative for Accor SA, which…

By:  Jacklyn Brookman

WeWork Leases Final Two NoMad Spaces

The hip and hopping area in midtown known as NoMad is filling out even more now that two new spaces were just leased. WeWork just signed a 10-year lease for 11,818 square feet, taking up the last two spaces at…

By:  Chloe Braunwart

Washington Heights Real Estate Heating Up

It may soon be time to trade picturesque views of Manhattan, just beyond the East River, while standing in the shadows of the Williamsburg Bridge, for views from the hilly upper Manhattan of New Jersey’s Palisades cliffs across the George…

By:  Maria Alexander

Eastern Consolidated to Permanently Close

Nothing lasts forever. Even the grandest of real estate properties will lie in ruins and be replaced with something else. For commercial brokerage firm Eastern Consolidated, this idea will become a reality for the once-mighty business.   The Real Deal…

By:  Lisa Ganim