Residents in New York City’s rent-stabilized apartments will soon be paying more to cover their housing costs. Nearly one million New Yorkers live in rent-stabilized apartments. The typical monthly cost of a rent-stabilized apartment in the city is roughly $1,500,...
A New York legislator raised the idea of introducing a new bill that would prevent public buildings from being named after convicted felons – an action designed solely to prohibit Penn Station from being renamed after President Trump. The New York Post reports State...
Ocean West Capital Partners, a real estate investment, operations, and management platform headquartered in El Segundo, California, announced it has led a UCC foreclosure of 285 Madison Avenue, an office property in New York City. The 26-story, 511,000-square-foot...
Three years after a New York City law created an unofficial block on short-term rentals, Airbnb (NASDAQ: ABNB) has launched a new effort to influence candidates in this year’s municipal elections with campaign donations. The Gothamist reports the company’s Affordable...
A historic theater in New York City’s Upper West Side that has been shuttered for the past 20 years has been purchased for $6.9 million by a nonprofit aided with state grants. IndieWire reports the long-vacant Metro Theater was acquired by Upper West Side Cinema...
Gencom, White Bridge Capital Acquire 652-Room InterContinental Miami
