Courts: Bluestone inks purchase option for defaulted $116M loan; 5 foreclosures totaling $19M
Bluestone inks purchase option for defaulted $116M loan: The Bluestone Group, through signatory Marc Mendelsohn,
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Kathy Ho files plans for 87-unit mixed-use building in Sunnyside
Kathy Ho, on January 13, filed a permit application for construction of a 87-unit, 68,999-square-foot
Korea firm Mastern Investment buys $290.6M stake in SL Green’s One Madison
The Korean alternative asset management firm Mastern Investment Management bought a 25.5 percent stake valued
Boston Properties allegedly owes Harry Macklowe $30M in consulting fees, according to lawsuit
By Adam Pincus The real estate investment trust Boston Properties was accused in a lawsuit
KKR pays $59.2M to Bruman Realty for 105 units in Brooklyn, second purchase in week
In a second group of recorded purchases, Kohlberg Kravis Roberts & Co. paid $59.2 million
Tim Ziss of Allied Properties puts $10.7M retail building into bankruptcy
By Adam Pincus Tim Ziss of Brooklyn-based Allied Properties put a 32,000-square-foot retail building into
Limited partner fights HPD takeover of ailing 171-unit Mitchell-Lama in Astoria
By Adam Pincus At least one heir to a group of limited partners in a
How a villainized real estate industry struggled to respond to the Covid-19 eviction moratorium
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Industry City rezone hits pause: When five years of planning is not enough
Developers spent nearly $2.2M since 2014 lobbying range of city officials By Adam Pincus In