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Hits and Misses for the Real Estate Week June 26-30

Hits and Misses for the Real Estate Week June 26-30

by Phil Hall | Jun 30, 2023 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

A quartet of proactive federal agencies, a mayor who took criticism the wrong way and a tree-hating neighbor from hell. Looking into the wild and wooly world of real estate, here are our Hits and Misses for this week. Hit: Thank You for Being a Friend. Most federal...
Silverstein Properties Applies for License to Create NYC Casino

Silverstein Properties Applies for License to Create NYC Casino

by Phil Hall | Jun 23, 2023 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Silverstein Properties, a national real estate investment, development and management firm, has announced it will be submitting an application for one of three available licenses for the creation and operation of downstate New York-based casinos. Elite Sports NY...
NYC Mansion with a Colorful History Listed at $13 Million

NYC Mansion with a Colorful History Listed at $13 Million

by Phil Hall | Jun 20, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A New York City mansion with a somewhat wild history will go on sale next month via an online auction, with a listing price of $12.995 million. The Kleeberg Residence at 3 Riverside Drive was built in 1895 in the French Renaissance Revival style by prominent architect...
Coalition Seeks to Turn NYC Psychiatric Hospital into Affordable Housing

Coalition Seeks to Turn NYC Psychiatric Hospital into Affordable Housing

by Phil Hall | Jun 13, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A coalition of nonprofit and church groups is advocating the transformation of a mostly dormant New York City psychiatric hospital into a 3,000-unit income-restricted apartment complex. According to a report in The Gothamist, the Queens Power grassroots coalition is...
A Phil Hall Op-Ed: Real Estate and the New Illegal Immigrants

A Phil Hall Op-Ed: Real Estate and the New Illegal Immigrants

by Phil Hall | Jun 12, 2023 | A Phil Hall Op-Ed, Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Last week, New York City Mayor Eric Adams filed a lawsuit against 30 counties in upstate New York for refusing to accept illegal immigrants currently housed across the Big Apple. “Since this crisis began, New York City has — virtually on its own — stepped up to...
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