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LaRusso: "The market is reckoning with the implications of an environment where pricing has been misaligned with current demand levels, as it adapts to the larger challenges of an evolving retail business model.”
A survey by CoreNet Global and Cushman & Wakefield found that a majority of corporate real executives globally would lease co-working space to help manage their organizations' requirements.
The Land and Buildings founder had sent an open letter to shareholders Wednesday urging serious consideration of Signa Holding's unsolicited €3-billion bid for the Galeria Kaufhof chain.
The RiverOak NYC fund in about four years purchased multi-family and mixed-use properties in Brooklyn and Manhattan including a multi-family portfolio in Harlem, an office condominium at 77 Bowery and inclusionary housing projects at 321 East 60th St. and 316 East 91st St.