The Big Apple is getting smaller, based on new estimates from the U.S. Census Bureau. New York City’s population lost nearly 78,000 residents in 2023, according to a report in the New York Times. The year before, more than 126,000 residents moved out. Between April...
A historic church in Midtown Manhattan has agreed to sell at least 150,000 square feet of its air rights to a partnership led by hedge fund executive Ken Griffin. St. Bartholomew’s Church at 325 Park Ave. has entered into the transaction with Griffin, Rudin Management...
One of New York City’s most prominent real estate executives has launched a new company focused on development, acquisitions, financing and fund management across the United States. Marty Burger, the former CEO of Silverstein Properties, has announced the opening of...
John Ketcham is a fellow and director of cities at the Manhattan Institute for Policy Research. This article is adapted from written testimony submitted today before the U.S. House of Representatives’ Subcommittee on Housing and Insurance hearing “Restoring Prosperity...
The Capital Markets Group at JLL (NYSE:JLL) has secured the $395 million refinancing of 70 Pine St., a landmarked 66-story property in the heart of New York City’s Financial District. The property was built in 1932 as the offices of Cities Service Company (later known...