New condos cool in Brooklyn, but hold steady in Manhattan
New York City’s new condos — the vanguard of build, style and price — are finding their footing. The number of new Manhattan condos sold in January ticked down to land…
Source: The Real Deal
Development
Manhattan dev site with haunted past rises from dead
UPDATED, Oct. 27, 2022, 5:35 p.m.: Just in time for Halloween, developers filed for a major apartment project on an Upper Manhattan development site with a haunted past. Shell company…
Source: The Real Deal
New Empire plans luxury condo project in Flatbush
Bentley Zhao’s New Empire Corp. is planning to build a new luxury condo project on a commercial strip in Flatbush. The development firm bought neighboring sites at 757-767 Flatbush Avenue…
Source: The Real Deal
Billy Macklowe lands $143M loan for Park Slope project
Billy Macklowe has plans and tenants in place for his Park Slope project. Now,…
Source: The Real Deal
Developers struggle to sell 421a sites as construction deadline looms
A few months ago, Douglaston Development’s Jed Resnick thought he’d discovered an opportunity in…
Source: The Real Deal
New development boom dead, with mortgage rates a prime suspect
No matter how high developers build, they can’t avoid gravity. New-development contract signings in…
Source: The Real Deal
Luxury developer to cough up $3M for underpaying workers
A developer in New York City is paying up after violating the conditions of…
Source: The Real Deal
Peebles: Housing market headed for “crash landing”
As interest-rate hikes slow the housing market, one developer believes the real estate industry…
Source: The Real Deal
Silverstein’s Astoria megaproject ups affordable housing commitment
The developers of a $2 billion megaproject in Queens are ceding more affordable housing…
Source: The Real Deal
Astoria redevelopment gets intergalactic
Developers in Astoria have stars in their eyes. Queens-based Mega Contracting Group and Manhattan-based…
Source: The Real Deal
