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Original Northeast commercial real estate news & events for New York, New Jersey, Boston, Philadelphia, and other northeastern US states, plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
The settlement stems from the New York State Attorney General's civil case that alleged landlord Steven Croman harassed and forced rent-regulated tenants out of their homes.
Extell is co-developing Central Park Tower with SMI USA, the US subsidiary of Shanghai Municipal Investment, a leading infrastructural investment company responsible for the Shanghai Tower, the second tallest building in the world
The fund received “tremendous” support from the existing investors and welcomed a number of new limited partners from across Europe, North America and Asia, Atlantic Pacific Capital states.
A bankruptcy court judge confirmed the construction company's plan of reorganization which includes union parties' receiving a settlement of $25.7 million.
Gaining community support for a broad increase in missing middle housing means developers and architects need to be able to discuss this kind of housing with government officials and others more effectively.