Next week brings two more real estate events. Host: ULI New York Date: Jan. 22 Time: 7:30 a.m. to 11:30 a.m. Urban Land Institute New York is hosting its Real Estate Outlook for 2020 at The Times Center, 242 West 41st Street. Come to this event to hear industry professionals discuss emerging housing trends and the challenges of navigating capital markets in 2020. Speakers include Margaret Anadu of Goldman Sachs and Darcy Stacom of CBRE.
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The real estate industry might not be particularly happy with Gov. Andrew Cuomo, but he is still the top politician in New York, and donors gave accordingly in the past six months. Donations to the governor were scant from limited liability companies, though, thanks to a new law curtailing their giving, Politico reported after campaign fundraising disclosures were posted this week. But direct donations from individuals were not affected. Three major developers gave the governor
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Savanna has parted with a Soho office-retail building, selling the asset for more than $103 million to a Japanese investor that appears to be new to New York City real estate. Property records show the buyer of 434 Broadway, which sits on the corner of Howard Street, was Tokyo Trust Capital Co., a Tokyo-based investment and asset management firm headed by CEO Minoru Machida and founded in 2016. MC Real Estate Partners partnered with Tokyo
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Was it a joke, or for real? That question made the rounds in broker circles after photos posted on Instagram last month showed celebrity agent Ryan Serhant giving $10,000 to a developer. “Instead of sending you a phone charger or a bottle of champagne, here is $10,000 in cash. Happy holidays,” read a card addressed to Silverback Development’s head of marketing, Jenna Segal, and signed by Serhant and his team. A second photo, posted by