TheRealDeal M&T Bank reports late-stage delinquent loans more than doubled in past year M&T CFO Darren King (The Org and iStock) Analyst expectations aside, M&T Bank enjoyed a…bacapJuly 22, 2021
TheRealDeal Farkas buys Lexington Ave hotel for $185M Andrew Farkas of Island Capital and 511 Lexington Avenue (Island Capital, Google Maps) When the…bacapJuly 22, 2021
TheRealDeal Distressed-property startup Sundae raises $80M in Series C round Sundae co-founders Josh Stech and Andrew Swain (Sundae via LinkedIn) Sundae, a real estate marketplace…bacapJuly 22, 2021
TheRealDeal Chicago approves $4B redevelopment project (Bronzeville Lakefront) Chicago gave the go-ahead to a massive, $3.8 billion redevelopment on the lakefront…bacapJuly 22, 2021
TheRealDeal Apple delays return to office by a month Apple Headquarters in Cupertino and Tim Cook (Wikipedia) Apple will delay its employees’ return to…bacapJuly 21, 2021
TheRealDeal Hudson Companies lands $210M condo loan on BK Heights tower David Kramer and One Clinton Street (OneClintonBK and Hudson Inc.) Brooklyn Heights’ tallest condo tower…bacapJuly 21, 2021
TheRealDeal 45 Park Place mired in involuntary bankruptcy, foreclosure proceedings A rendering of 45 Park Place and Sharif El Gamal (SOMA, Getty) The decade-long saga…bacapJuly 21, 2021
TheRealDeal What tenants pay at Stellar Management’s One Soho Square Stellar Management’s Larry Gluck and One Soho Square (Google Maps and Stellar Management) The following…bacapJuly 21, 2021
TheRealDeal Hot Hudson Valley housing increasingly out of reach for wage earners (iStock) Soaring home prices in the Hudson Valley — a popular spot for city buyers…bacapJuly 21, 2021
TheRealDeal Inside the tug-of-war over the Surfside condo site’s future The partially collapsed 12-story Champlain Towers South condo building (Getty) Steve Rosenthal loved living along…bacapJuly 21, 2021
TheRealDeal Four landlords allegedly pushed out 5,000 renters during moratorium According to the Center on Budget and Policy Priorities, around 11.5 million Americans were behind…bacapJuly 21, 2021
TheRealDeal Vornado to buy rest of One Park Avenue One Park Avenue and Vornado CEO Steven Roth (VNO) Vornado Realty Trust is nearing a…bacapJuly 21, 2021