Brandon Miller's Estate Faces $9 Million BMO Loan Fight and Stalled Bowery Project Disputes
Real Estate

Brandon Miller's Estate Faces $9 Million BMO Loan Fight and Stalled Bowery Project Disputes

Two years after Brandon Miller's death, his estate and REEC face a $9 million BMO loan dispute over a questionable UBS s...

Cormac Doyle 👁 43 💬 0
Long Island IDA Housing Tax Breaks Face Mounting Opposition as Supply Gap Widens
Real Estate

Long Island IDA Housing Tax Breaks Face Mounting Opposition as Supply Gap Widens

Developers warn that moves to strip housing from IDA charters could stall multifamily projects in a region already permi...

Cormac Doyle 👁 45 💬 0
Snap Signs 199K SF Sublease at Vornado's Penn 2 as Manhattan Office Market Tightens
Real Estate

Snap Signs 199K SF Sublease at Vornado's Penn 2 as Manhattan Office Market Tightens

Snap Inc. has taken 199,000 SF at Vornado's Penn 2 through 2044, anchoring a brisk week of New York real estate deals as...

Cormac Doyle 👁 33 💬 0
Convicted Landlord's Deed-Theft Empire Shows How Easily Fraud Becomes Legal Title
Real Estate

Convicted Landlord's Deed-Theft Empire Shows How Easily Fraud Becomes Legal Title

Joseph Makhani stole Harlem brownstones through forged deeds, quiet-title suits and $10 price tags. His conviction expos...

Cormac Doyle 👁 34 💬 0
Is New York's Office-to-Residential Boom Facing a Crackdown?
Real Estate

Is New York's Office-to-Residential Boom Facing a Crackdown?

A stop-work order at SL Green's Midtown conversion — quickly reversed — has developers asking whether one-off incidents ...

Cormac Doyle 👁 32 💬 0
Empire State Building's Observation Deck Slump Forces $166M Writedown and Guidance Cut
Real Estate

Empire State Building's Observation Deck Slump Forces $166M Writedown and Guidance Cut

A slump in international visitors halved Empire State Realty Trust's observation-deck income, triggering a $166M writedo...

Cormac Doyle 👁 31 💬 0