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Firms dangle big bucks to lure employees out of big cities
Stripe CEO Patrick Collison (JD Lasica via Wikipedia; Unsplash) In an increasingly work-from-home world, those with the means have also...
Chinese proptech firm Ming Yuan Cloud goes public
Hong Kong Stock Exchange (Getty) Ming Yuan Cloud Group is about to go public. The Shenzen-based proptech firm plans to launch an...
Stay at the “Fresh Prince of Bel-Air” mansion for $30/night
WIll Smith as the Fresh Prince and the Los Angeles mansion (Getty, Airbnb) If you’ve ever wanted to know what it’s like to...
WeWork Backs Out Of Fulton Market Leases
Courtesy of Barnett Capital and Domus Group 1155 West Fulton St. WeWork CEO Sandeep Mathrani promised to cut costs at the...
This Week's Chicago Deal Sheet
Chicago-based TLC Management bought Ravenswood Terrace Apartments, a 150-unit rental property at 1801 West Argyle St. on...
Dealing With Climate Change Will Take Gray And Green Infrastructure
When most people envision the impending disaster of climate change, it typically involves wildfires, melting glaciers and rising seas....
City reports decline in construction-related injuries, deaths
A construction worker at One Vanderbilt in August (Getty) The city reported a nearly 19 percent decrease in construction-related...
Real estate execs to city, state: Let us help with recovery efforts
Bill de Blasio and Andrew Cuomo, with (from left) Steven Roth, Jeff Blau, Rob Speyer, Douglas Durst Ziel Feldman and Steven Schwarzman...
State’s highest court dismisses property tax reform appeal
Judge Janet DiFiore and Tax Equity Now’s policy director Martha Stark Credit: NY Courts and NYU Wagner) The state’s highest...
HelloFresh inks Industry City deal for content studio
HelloFresh’s NYC HQ (Courtesy of Industry City, HelloFresh by Eric Laignel) HelloFresh is trading Chelsea for Industry City. The...
Flip-flop on eviction ban extension highlights state’s chaotic response
Gov. Andrew Cuomo with Judge Lawrence Marks and Judge Daniele Chinea (Getty, Linkedin, iStock) Three days after a state agency...
Going green: Governors Island could soon house climate center
A rendering of the Climate Solutions Center with Trust for Governors Island CEO Clare Newman and Mayor de Blasio (Rendering via WXY...
“What would we discipline them for?”: Brokers deny discrimination at heated hearing
State Sens. Brian Kavanagh and Kevin Thomas (NY Gov; Getty; iStock) One by one, Long Island real estate agents appeared before U.S....
$700M Seattle office tower buy would be among largest Covid-era property deals
The Qualtrics Tower at 1201 2nd Avenue in Seattle with Hana Financial CEO Kim Jung-tai and Skanska USA CEO Richard Kennedy (Google...
Fifth Ave co-op owned by Rockefeller family hits market
Nelson Rockefeller and 812 Fifth Avenue Photos via Getty; StreetEasy; Google Maps) A Fifth Avenue apartment with a connection to one of...
Nightingale, Wafra seek $860M to redevelop 111 Wall Street
Nightingale’s Eli Schwartz and 111 Wall Street (Credit: Google Maps) Nightingale Group and Wafra Capital Partners are seeking a...
Chetrit Group sues Sharif El-Gamal for unpaid rent
Sharif El-Gamal, Joseph Chetrit and 1384 Broadway (Getty; Google Maps) One New York developer is suing another for half a million in...
Walker & Dunlop Provides $87.4M Fannie Mae Loan for New Jersey Workforce Housing Portfolio
Grandview Towers, one of the three workforce housing properties in the portfolio, totals 91 units, according to apartments.com. NEPTUNE...
Seagis Receives $65M Loan for Refinancing of Industrial Building in Kearny, New Jersey
KEARNY, N.J. — Pennsylvania-based investment firm Seagis Property Group has received a $65 million loan for the refinancing of a...
Milhaus, Kite Realty Group to Develop $40M Apartment Project at Glendale Town Center in Indianapolis
AYR will include 267 units. INDIANAPOLIS — Milhaus and Kite Realty Group Trust have unveiled plans to develop AYR, a $40 million...
Berkadia Arranges $30.4M Sale of Multifamily Property in Ypsilanti, Michigan
YPSILANTI, MICH. — Berkadia has arranged the sale of Arbor One Apartments in Ypsilanti near Ann Arbor for $30.4 million. The...
WSJ: Ascena Retail Group to Sell Plus-Size Chain Catherines to FullBeauty Brands for $40.8M
MAHWAH, N.J. — Ascena Retail Group, the parent company of Ann Taylor and Lane Bryant, will sell its plus-size chain Catherines to...
Cushman & Wakefield Brokers $30M Sale-Leaseback of Crash Champions Portfolio in Metro Chicago
Crash Champions is an auto body collision and paint repair company based in Chicago. CHICAGO — Cushman & Wakefield has...
Principle Construction Completes 96,305 SF Expansion at Wisconsin Industrial Building
Principle completed the expansion on behalf of new owner STAG Industrial. PLEASANT PRAIRIE, WIS. — Principle Construction Corp....
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