59 More Stories Going Up on Fulton Street

  • Posted at 11:06, December 06, 2013
  • By Quidnunc Staff

The Lightstone Group goes taller and narrower than it had originally wanted.

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Retail Rents, Worldwide

CBRE Group's latest assessment of the retail rental trends worldwide.  You guessed it:  They are going up.  Chart and link provided.

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Empire State Building REIT Declares Its First Dividend

Yesterday's announcement, 86 days after the IPO, greets investors waiting on litigation that still wants to invalidate the whole deal.

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What's Next for Midtown Scaffolding?

A recently acquired RXR Realty/Walton Capital Grand Central office building gets financing for a re-boot.

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In Tomorrow's News ...

Getting Friday started early with stories on Taystee Bakery's redevelopment; the old New York telephone buildings are being sold off by Verizon, and Allstate is investing in deals with emerging investment managers in real estate. And much more.

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Diving into Affordable Housing, Part IV

The conclusion of today's series of highlights from last night's wide-ranging discussion of the politics of development and affordable housing at the NYC Bar Association.

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Evening Roundup: Deals, Government Data, and, This Time, Renters Pay

A DC affordable housing seminar set for Monday, development targeting renters from the New York Times, and more.

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A Massive Affordable Housing Development Is Announced

To go along with our look today at an affordable housing discussion last night, the city--hearing the pleas?--gives the green light to the biggest such project in 40 years. Coming to Long Island City, nearly 800 affordable units, many two- and three-bedroom apartments, in a nearly 1,200 unit complex. TF Cornerstone is the developer.

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CBRE Finds Hartz Mountain a Buyer in Virginia

NYC broker close a deal in Secaucus for a long-held office building, for $47 million.

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Ready to Move into that new LIE Complex? The Tax Issues Appear Settled.

RXR Realty's nearly-done deal for a big residential complex in North Hills erupted into controversy, again, over tax breaks.  Compromise has been reached this morning, and the $300 million development appears ready to roll after seven years of wrangling.

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Diving into Affordable Housing, Part III

A developer at last night's panel discussion on the role of politics in affordable housing and development talks about how his firm built 2,000 units during the Bloomberg administration, as well as his prospects for future development hot spots.

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Diving into Affordable Housing, Part II

Bloomberg was a tough guy keeping his commitment to building more units during the economic downturn. But ultimately, "he didn't drive a very hard bargain" with developers and underpriced city value.

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Defending His Fannie

The private enterprise replacement for Fannie Mae and Freddie Mac has been tried and failed, says former Federal National Mortgage Association chief financial office Tim Howard in a new interview.

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Who's Selling 1557 Broadway?

The 100-year-old Times Square stalwart gets a new leasing agent.

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What's New in Takeovers?

A Connecticut real estate investment firm sees its offer trumped in a bid to combine west coast apartment developers.

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