NYC Real Estate News

Fri, 05/14/2021 - 15:40

Blink and you’ll miss a new SPAC. With billions of dollars flowing into blank-check firms, a growing number of real estate players are targeting proptech. As an alternative to the traditional IPO, special-purpose acquisition companies made a comeback last year with 248 blank-check firms going public, raising $83 billion, according to SPACInsider. This year is shaping up to be even bigger for SPACs. Along with names like Bill Ackman, Alec Gores and Chamath Palihapitiya, New

The post The definitive real estate SPAC tracker appeared first on The Real Deal New York.

Fri, 05/14/2021 - 14:54
Stock sales are reaping a windfall for the world’s richest shareholders. Corporate insiders including Amazon’s Jeff Bezos and Google co-founder Sergey Brin have ramped up stock sales recently,...

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Fri, 05/14/2021 - 14:54
Stock sales are reaping a windfall for the world’s richest shareholders. Corporate insiders including Amazon.com’s Jeff Bezos and Google co-founder Sergey Brin have ramped up stock sales recently,...

To view the full story, click the title link.
Fri, 05/14/2021 - 14:45

A former Lehman Brothers executive is calculating a big profit for his Carnegie Hill mansion. Robert Millard listed his Beaux-Arts home for $38 million, more than six times what he paid for it 24 years ago, property records show. It’s unclear what kind of upgrades and improvements have gone into the six-story townhome. The 14,125-square-foot mansion at 9 East 88th Street was designed by architects James Turner and Willam Killian at the turn of the

The post Former Lehman exec lists Carnegie Hill mansion for $38M appeared first on The Real Deal New York.

Fri, 05/14/2021 - 14:44
The troubled LinkNYC Wi-Fi kiosk program—which has fallen greatly short of its rosy advertising revenue projections—is getting a reboot, this time betting on the next-generation 5G network.   A...

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Fri, 05/14/2021 - 14:26
City businesses could soon rip up their “no mask, no service” signs if New York’s government decides to follow new federal recommendations. The U.S. Centers for Disease Control and Prevention said...

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Fri, 05/14/2021 - 14:01
Brookfield Asset Management said it plans to raise $100 billion for its next round of flagship funds after it delivered first-quarter earnings buoyed by share sales and asset divestitures. The...

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Fri, 05/14/2021 - 13:54
Donald Trump has a rich history of fighting back when he’s down and making others pay, and he said that’s how he intends to deal with New York City over its plans to fire his company from running a...

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Fri, 05/14/2021 - 13:54
Donald Trump has a rich history of fighting back when he’s down and making others pay, and that's exactly how he intends to deal with New York City over its plans to fire his company from running a...

To view the full story, click the title link.
Fri, 05/14/2021 - 13:44
The landlords whose lawsuit attempting to overturn New York’s 2019 rent laws was dismissed earlier this year are planning to appeal the case. One of their attorneys said he thinks the matter...

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