Blackstone, the world’s largest alternative asset management firm, is all-in on Manhattan’s turnaround after the COVID pandemic crippled the commercial real estate market. The firm’s effort to buy 1345 Sixth Ave. from Fisher Brothers was widely hailed this week as a stroke of faith in the Manhattan office market — but it wasn’t the first mega-deal by the financial giant. Last summer, Stephen A. Schwarzman-led Blackstone also signed the largest…
A total of 106 transactions, companies, and leaders—including Pioneer Award winner Bill Cawley—stood out.
Expected rate cuts could bring down mortgage rates in the first half of 2025, predicts RBC, encouraging more market movement.
A Miami real estate broker was convicted on money laundering charges for helping two sanctioned Russian oligarchs rent and sell luxury properties in Florida – the first time a US realtor has been held responsible under federal laws. Roman Sinyavsky pleaded guilty earlier this month to conducting real estate transactions involving blocked properties owned by Vladimir Putin puppets Viktor Perevalov and Valeri Abramov. The two oligarchs were first…
We may earn revenue from the products available on this page and participate in affiliate programs. Learn More › Real estate and climate change now go hand-in-hand. As temperatures and sea levels continue to rise, many homes face some risk of natural disasters. In 2024 alone, almost 45 percent of homes in the United States confronted at least one t…
The spring season is coming fast, and if you’re thinking about selling your New York City home, you need to be prepared.
Though they vary in size, the neighborhood in which they are located seems to have been the prime factor in determining the value of four sites the company sold in and around Cleveland.
A potential Meatpacking District project demonstrates the surprising resilience of the “this building is too tall” argument, senior reporter Eddie Small writes.
Culkin, 44, and his longtime partner Song, 36, have opened up about their relationship and…
