This week at the Richard Plehn Team website we’ve gathered some key updates and insights to keep you informed about the latest happenings in the world of real estate.
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Crain’s New York
- Madison Square Garden special permit faces City Council vote: What to know | Crain’s New York Business (crainsnewyork.com)
- NYC Deals of the Day: Aug. 25, 2023 | Crain’s New York Business (crainsnewyork.com)
- National investor takes over embattled ‘Glamercy’ Park Hotel | Crain’s New York Business (crainsnewyork.com)
- Vice Media to move out of Brooklyn offices following bankruptcy | Crain’s New York Business (crainsnewyork.com)
- NYC Deals of the Day: Aug. 24, 2023 | Crain’s New York Business (crainsnewyork.com)
New York Post
- Topgolf’s third New Jersey location coming to Parsippany (nypost.com)
- New York loses $1 trillion in Wall Street business as firms flee: report (nypost.com)
Bisnow
- NYC Officials, Developers Scrambling For New Mechanisms To Build Affordable Housing (bisnow.com)
- Ominous Sign: Nearly Two-Thirds Of WeWork Locations In NYC Are In Older Buildings (bisnow.com)
- Foreclosure Sought On $750M Loan For 20 Times Square (bisnow.com)
- Nightingale Facing Foreclosure At Yet Another Office Property (bisnow.com)
- Goldman Sachs ‘Reminding’ Employees Of 5-Day In-Office Policy (bisnow.com)
- 2 Of Thor Equities’ Manhattan Properties Placed In Receivership (bisnow.com)
- This Week’s N.Y. Deal Sheet (August 8, 2023) (bisnow.com)
The Commercial Observer
- Witkoff and Schrager’s Public Hotel Heads to Foreclosure Auction – Commercial Observer
- What Triggered Watchlist CRE Loans in the First Half of 2023 – Commercial Observer
- Value of Kushner’s 229 West 43rd Drops 82 Percent Since Acquisition: CRED iQ – Commercial Observer
- Raymond Chalme and Daniel Blanco Talk Launch of Paradigm Advisory Group – Commercial Observer
- Architects Curtis + Ginsberg Relocating to 13K SF at One Battery Park Plaza – Commercial Observer
- Hedge Fund BlueCrest Capital Moving to 22K SF at 450 Park Avenue – Commercial Observer
The Real Deal
- NYSE Suspends, Delists WeWork Warrants (therealdeal.com)
- Ranking New York City’s Top Residential Developers (therealdeal.com)