News Summary A mixed-use building at 149 Spring St. in SoHo, Manhattan has been sold for $25 million, just three years after being purchased for
News Summary United American Land has recently made a strategic acquisition of three properties in downtown Brooklyn for $14.5 million. This move consolidates their holdings
News Summary The U.S. Federal Reserve has reduced interest rates by a quarter percentage point in response to a weakening labor market and persistent inflation.
News Summary A remarkable piece of history, Jackie Gleason’s home, dubbed ‘The Mothership,’ is on the market for $5.5 million. Designed by architect Robert Cika,
News Summary Jim Whelan, president of the Real Estate Board of New York, expresses willingness to work with Democratic socialist mayoral candidate Zohran Mamdani. Despite
News Summary Rithm Capital Corp. has agreed to acquire Paramount Group for approximately $1.6 billion in cash, pricing each share at $6.60. This acquisition reflects
News Summary Yechiel Newhouse has purchased a rent-stabilized portfolio in the South Bronx, acquiring nine buildings and 249 units for $19.6 million. This notable investment
News Summary New York City’s real estate market is showing signs of optimism following the Federal Reserve’s decision to cut interest rates. The rate is
News Summary Aetna Realty has acquired two mixed-use buildings in Hell’s Kitchen, Manhattan, for a total of $18 million. The properties, at 643 and 647
News Summary Mukesh Ambani, Chairman of Reliance Industries, has made a significant real estate investment by purchasing a $17.4 million building at 11 Hubert Street
