1+ mon, 3+ week ago   (289+ words) Developer pays $30M for former New York Presbyterian Hospital residence hall Kings Capital acquired a long-vacant 17-story building in Manhattan’s Financial District with plans to convert it into a sleek rental building. The development group, led by George Giannopoulos and Jeffrey…...

1+ mon, 3+ week ago   (525+ words) Dade Heritage Trust to move building to Coconut Grove on Billionaire’s dime Ken Griffin is one step closer to buying the 121-year-old historic cottage near Citadel’s future headquarters in Brickell for $2.98 million after gaining the city of Miami’s support. Miami…...

1+ mon, 3+ week ago   (641+ words) Mamdani’s signature second home tax gets DOF tweaks, moves ahead The controversial pied-à-terre tax just got a batch of new updates from the Department of Finance. The Mamdani administration’s first effort to tax the rich raised plenty of questions and…...

1+ mon, 3+ week ago   (376+ words) A Lincoln Park home, tied to student-housing developer Scion Group’s Rob Bronstein and his wife, was listed again after a price cut to $6.95 million on Wednesday, according to a Zillow listing. The 9,500-square-foot mansion at 1878 North Orchard Street first hit…...

1+ mon, 4+ week ago   (484+ words) 120-year-old white wood-frame cottage sits adjacent to the Solaris condo Griffin recently bought out Billionaire Citadel founder and CEO Ken Griffin could scoop up one of Brickell’s oldest buildings, which sits across from the hedge fund’s future headquarters and is…...

1+ mon, 4+ week ago   (610+ words) Mayor drops new language for naughty and nice property owners Tucked away on page 43 of the Mamdani admin’s “Rental Ripoff” report is a box explaining how the city plans to talk about landlords going forward. After a few months of…...

1+ mon, 4+ week ago   (196+ words) Dallas-based firm folds Charlotte developer into its regional division to accelerate multifamily growth Dallas-based developer Lincoln Property Company is buying Charlotte developer the Spectrum Companies for an undisclosed dollar figure. Spectrum is expected to fold their 43 employees into Lincoln’s Charlotte…...

1+ mon, 4+ week ago   (331+ words) “Rental Ripoff” report plots path to stronger enforcement Mayor Zohran Mamdani wants to beef up landlord penalties. That’s one of the takeaways from a report released by the administration Thursday based off its “Rental Ripoff” hearings held earlier this year....

1+ mon, 4+ week ago   (206+ words) Hello, let’s get into today’s news at the intersection of policy and real estate: In this edition we mention: General counsel for the Department of City Planning Alec Schierenbeck, Herbert Smith Freehills Kramer Partner Nicole Fenton, Assembly Speaker Carl Heastie,…...

2+ mon, 5+ day ago   (775+ words) Mayor still determined to pursue office conversions, hints at safety crackdown Office-to-residential conversions haven’t fallen out of favor with the mayor. Buckling columns at the former Pfizer headquarters in Midtown weren’t enough to deter the mayor’s pursuit of office-to-residential conversions…...