CIM Group LP Sells Madison Park Tower to Morgenstern Capital and TLM Equities with Square Mile Capital Management financing.

The Trump administration's proposal to eliminate the federal deduction for state and local property taxes "must be considered a non-starter for every one of New York State's elected representatives in Congress," says the New York Building Congress.

REBNY president John Banks argues the legislation fails to address concerns over access to training and costs, resulting in fewer construction job opportunities for New Yorkers.