Investing

Investing

CUSHMAN & WAKEFIELD SONNENBLICK GOLDMAN ARRANGES FINANCING FOR BROOKLYN, NEW YORK OFFICE BUILDING

Wednesday, December 12, 2007 – New York, NY – Cushman & Wakefield Sonnenblick Goldman, as exclusive advisor to SL Green Realty Corp. and the...

MFA Mortgage Investments, Inc. Announces Public Offering of Common Stock

NEW YORK, Nov. 5 /PRNewswire-FirstCall/ -- MFA Mortgage Investments, Inc. (NYSE: MFA) announced today it plans to make a public offering of 15,000,000 shares...

Commitment by Fortune 400 Company Continues the Revitalization of Lower Manhattan

Governor Spitzer Announces World Trade Center Lease  October 16, 2007 -- Governor Eliot Spitzer and Assembly Speaker Sheldon Silver today announced that NCR Corporation, a global...

Thompson Announces Pension Fund Sponsored Affordable Housing For City Educators

New York, NY, October 4, 2007 -- New York City Comptroller William C. Thompson, Jr. today announced an investment of more than $28 million...

CPC Resources And East Brooklyn Congregations Open 48 Affordable Rental Apartments In Brooklyn

Rents to Range from $723 to $1,007 per Month for Low-Income Families Brooklyn, September 27, 2007 – City officials and community-based developers announced the completion...

Arbor Realty Trust Amends Financing Facility

UNIONDALE, N.Y., Sept. 11 /PRNewswire-FirstCall/ -- Arbor Realty Trust, Inc. (NYSE: ABR), a real estate investment trust focused on the business of investing in...

Lexington Realty Trust Announces Formation of Co-Investment Program For Its Specialty-Use Real Estate Assets

NEW YORK, Aug. 13 /PRNewswire-FirstCall/ -- Lexington Realty Trust ("Lexington") (NYSE: LXP), a real estate investment trust (REIT) focused on single-tenant real estate investments,...

Manhattan’s Lipstick Building Sells for $648.5 M.

Another Manhattan landmark is going to foreign investors. An investment group led by Tao-Maofim LLC, a US joint venture of Tao Tsout Ltd. and...

So, Is Atlantic Yards a Rip-Off or Not?

It’s been an odd week in the history of Atlantic Yards project. Last Friday, the Mayor said that $300 million worth of tax breaks...

Tax incentives for Rochester Technology Park approved

The County of Monroe Industrial Development Agency has approved tax incentives for the soon-to-be new owner of Rochester Technology Park — the former Kodak...

They were so drunk on money and power that they didn’t know their incompetence

As suspected here last week, long-term interest rates have stabilized: the all-powerful 10-year T-note is in a broad range below 5.2 percent, and mortgages...

Insurer Battens Down Real Estate Hatches

MetLife Inc. recently gave stable value fund investors a peek at its strategy for coping with a possible downturn in the U.S. housing market. MetLife,...

The price of the lobster salad is the best barometer of real estate ...

If you really want to know how the housing market in the Hamptons is faring as summer beckons, Steven Gaines suggests an unusual yardstick. He...

If you had multimillion-dollar digs waiting to be sold

Prices for some swanky pads on Long Island have been reduced recently, and it's taking longer to sell, signs that the high-end market has...

Land Boom Resounds in Manhattan

Land speculation in Manhattan began in 1626 when Peter Minuit bought the island for 60 guilders, or $24, from the Canarsee Indians. The tradition...

Apartment REITs Are A Target-Rich Environment For Private Equity

The proposed $22 billion leveraged buyout of Archstone Smith (NYSE: ASN) by Tishman Speyer and Lehman Brothers may spark a new round of go-private...

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HPD AND HDC JOIN OMNI NY, BANK OF AMERICA, AND PARTNERS...

New York City Department of Housing Preservation and Development (HPD) Commissioner Maria Torres-Springer and New York City Housing Development Corporation (HDC) President Eric Enderlin join Omni New York, Bank of America and other project partners to announce the completion of 655 Morris Avenue, a new construction affordable housing development in the Melrose neighborhood of the Bronx.

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Rep. Zeldin Meets in DC with Leadership from the Long Island...

On Wednesday, February 15, 2017, Congressman Lee Zeldin (R, NY-1) met with leadership from the Long Island State Veterans’ Home in his Washington D.C. office to discuss veterans’ legislation. Located in Stony Brook, the Long Island State Veterans’ Home provides high quality care and support services for veterans, including rehabilitation and adult day healthcare