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Real Estate News

NYC Warehouse Space Booming Thanks to E-Commerce Firms

By: Mike Mustiglione The amount of square feet devoted to warehouses across New York City is expanding rapidly, new research shows. Driven by e-commerce firms like...

Rent Control for Commercial Property Coming to NY

By Howard M. Riell Brooklyn Councilman Stephen Levin is working on rent control for commercial locations. It would apply to office space, retailers and manufacturers. In...

Real Estate Developer Ben Shaoul Sells UES Condo for $15.3M in Bitcoin

By: Herosha Krishner Successful Iranian Jewish real estate developer Ben Shaoul has sold an Upper East Side retail condo for $15.3 million in Bitcoin. The landlord, whose...

Alex Ohebshalom Says New 5th Ave Hotel Will Dazzle Its Guests

By: Shamus Sardu The developer of the soon to be 5th Ave Hotel, Alex Ohebshalom says his venture will be a transformative experience for the...

Merchants Hospitality Closes on $38M Financing on Z Hotel in Queens

The Hotel is the Premier Lifestyle Hotel in Long Island City Edited by: JV Staff Merchants Hospitality, New York’s largest privately held hospitality company, has successfully...

Partnership Led by Shvo, Bilgili Group & Deutsche Finance Begin Construction on 9200 Wilshire in Beverly Hills

Edited by: JV Staff The joint venture led by SHVO, Bilgili Group, and Deutsche Finance that owns the property at 9200 Wilshire Boulevard in Beverly...

New Rent Law Has Unintended Result: More Pieds-a-Terre

By Hellen Zaboulani If ever one thing was clear in New York real estate, it was that tenants should not be allowed to use rent-regulated...

BlackRock Buys $875M Stake in Brand-Management Giant

By Benyamin Davidsons The BlackRock investment group purchased a $875 million stake in Authentic Brands, the company that manages well-known brands including sports illustrated, juicy couture,...

Real Estate Pros to Donate Big $$$ in Upcoming Elections

By; Logan Seaspon Some big-time real estate pros are donating some big-time money in advance of the upcoming elections. According to therealdeal.com, Federal Election Commission documents reveal...

Breaking: After Months of Debate Netayahu and Smotrich Decide to Close Down Sde Dov Airport in Tel Aviv

Following in-depth discussions with Transportation Minister Bezalel Smotrich, legal advisers and professional elements, Prime Minister Benjamin Netanyahu, today decided that there is no way...

The First Hotel in Israel in the National Infrastructure Track was Approved by the Housing Cabinet

Thanks to an amendment to the Planning and Building Law initiated by the Ministry of Tourism, the Government Housing Cabinet approved an addition of...

LIC Warehouse Near Waterfront May Soon Become Residential Tower

A Long Island City warehouse near the waterfront may soon give rise to a residential tower. By: Greg Gansworth A two-story warehouse and an adjacent parking...

Albany Seeks to Destroy NYC Real Estate Market

Tenant protections now law, make it a crime for a landlord to forcibly evict or lock out a tenant for non-payment or criminal violations...

Suspicious Fire Guts Home Under Contract for $2.8M in Gravesend Section of Brooklyn

Residents of the quiet, leafy neighborhood of Gravesend in Brooklyn were rocked to the core on Wednesday afternoon when a huge blaze erupted at...

Affluent Millennials are Ditching NYC; Most Heading West

It seems the Empire State may have lost some of its appeal. According to a new study, young affluent New York residents are swarming...

Manhattan’s Largest Office Bldg Gets “Justworks” as New Tenant

The Big Apple’s largest office building is back on the path to full occupancy. Justworks, the digital-payroll and benefits systems specialist, just signed a...

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