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Report: Trump Critic Mark Cuban Owns Condo in NYC Trump Hotel

Report: Trump Critic Mark Cuban Owns Condo in NYC Trump Hotel

by Phil Hall | Nov 5, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Billionaire entrepreneur Mark Cuban made himself the center of attention in recent weeks by bashing former President Donald Trump’s election campaign, but an investigative report by the New York Post discovered the “Shark Tank” star has quietly owned a condo in a...

NYC Passes New Law Requiring Licenses for Hotel Operators

by Phil Hall | Oct 25, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The New York City Council has voted to create a new licensing program for hotels. Hotel Management Network reports the newly passed Safe Hotels Act will require hotel operators to obtain a two-year operating license for a $350 fee. Hotels must also maintain front desk...
Empire State Building Unveils 10,000 SF of New Amenities Space

Empire State Building Unveils 10,000 SF of New Amenities Space

by Phil Hall | Oct 22, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

New York City’s Empire State Building has opened the Empire Lounge, encompassing 10,000 square feet of new tenant amenities. Located on the building’s Club Level, the Empire Lounge 17.5-foot vaulted ceilings, a variety of seating areas in tables, banquettes, and...
Tishman Speyer Snags $3.5 Billion Refinancing for Rockefeller Center

Tishman Speyer Snags $3.5 Billion Refinancing for Rockefeller Center

by Phil Hall | Oct 21, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Tishman Speyer has secured a $3.5 billion commercial mortgage-backed securities (CMBS) loan to refinance Rockefeller Center. The loan is said to be the largest issuance ever for a single office asset – in this case, the 13-building, 7.3 million-square-foot campus in...
Cushman & Wakefield Executive Targeted in Corruption Probe of NYC Mayor

Cushman & Wakefield Executive Targeted in Corruption Probe of NYC Mayor

by Phil Hall | Oct 11, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

An executive with Cushman & Wakefield (NYSE: CWK) has been targeted in the ongoing corruption probe into New York City Mayor Eric Adams. The New York Times reported Diana Boutross, a vice chairwoman at Cushman & Wakefield, had her electronic devices seized by...
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