Mall REIT Washington Prime Group is preparing for bankruptcy
Washington Prime Group CEO Louis Conforti (Twitter, iStock) The main owner of the shopping center is preparing for bankruptcy after failing to pay interest on...
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Hippo insurance hits $ 5 billion in SPAC
Zynga founder Mark Pincus, hippo founders Assaf Wand and Eyal Navon and LinkedIn co-founder Reid Hoffman (Getty, LinkedIn) Launch of domestic insurance Hippopotamus recorded the...
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Manhattan office availability at record worst 15.5%
New York Times tower at 620 Eighth Avenue and Park Avenue Plaza at 55 East 52nd Street (photos via Wikipedia Commons, Google Maps) Growth in...
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Mack Real Estate buys desperate hotels in Manhattan
Mack Real Estate CEO Richard Mack and one of his new hotels at 51 Nassau Street (Getty, ING) Mack Real Estate has gained control of...
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CIM closes at $ 400 million Refi for 1440 Broadway
1440 Broadway and Shaim Kuba from CIM Group (Google Maps, Getty) The mortgage-backed securities market continues to be a major source of office refinancing in...
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Leisure, hospitality Profit from large job gains in February 2021
Restaurants and bars made the most of profits in February (iStock) Leisure and hospitality can finally be on the way to recovery. The industry added...
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Cinemas reopen in New York, San Francisco
Theaters in some cities open with restrictions. (Getty, photo illustration by Alison Bushor for The Real Deal) Cinemas in New York and San Francisco have...
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Hedge Funder Robert Citrone bet on a compass
Hedge Fund Manager Robert Citrone (Getty) As an emerging market specialist, hedge donor Robert Citrone is accustomed to observing the distant shores of his next...
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Innovo obtains a $ 155 million construction loan for the Queens Warehouse warehouse
Andrew Chung of Innovo Property Group with 23-30 Borden Avenue in Long Island City (Google Maps) The massive development of Innovo Property Group’s warehouse in...
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NYC’s Down Town Association Social Club Declares Bankruptcy
60-64 Pine Street (Wikipedia Commons, iStock) Lower Manhattan’s oldest social club is going under. The Down Town Association said in a bankruptcy filing on Thursday...
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The Life Sciences Center is coming to Manhattan’s Far West Side
Georgetown President and CEO Adam Flatto and Rendering 787 11th Avenue (Patrick McMullan / Getty) The Georgetown Company will bring a life sciences center to...
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Burlington retailer has doubled the number of stores
The company currently operates 761 stores and intends to open 100 new stores this fiscal year. (iStock) One discount retailer says it plans to open...
