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The CAC includes a host of political, civic and business leaders in Queens and elsewhere in the city, many who have expressed support for the project that is expected to involve $4 billion in investment by Amazon and the creation of 25,000 to 40,000 new jobs.
The probability of a CRE finance disruption in the next six to 18 months is as elevated as it was prior to 2007-2008, writes CCIM Institute's chief economist.
“The Mooch” is back at SkyBridge Capital and communicating with the press about a new investment opportunity aimed at the mass affluent, not just the super rich.
"We were able to secure a short-term loan that enabled PAG to acquire Loyal Plaza and provide them with the necessary time and funds that will be required to unlock the value of this shopping center,” Klein says.