Ciara Long
Reporter at Bisnow
Award-winning journalist covering NYC @bisnow. PAST: @theskimm, @sfpublicpress, @WPReview @csmonitor @ForeignPolicy. RT≠endorsement.
Articles
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1 week ago |
bisnow.com | Ciara Long
Stephen Palmese knew it was time to take a risk. He had missed out on buying during the downturn that followed the Global Financial Crisis — it had been too early in his career, and he didn’t have the capital or the confidence to buy up buildings on the cheap. So in summer 2020, he decided he wasn’t going to let opportunity pass him by again. He started buying land in the Southeast.
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1 week ago |
bisnow.com | Ciara Long |Sasha Jones
In most mayoral elections in New York City, the outcome of the Democratic primary decides who gets to move into Gracie Mansion. But the 2025 primary on June 24 might be a little more complicated, thanks to the second ranked-choice mayoral election and the most recognizable candidates openly discussing running as independents in the November general election if they lose the primary. Leading the race is former Gov. Andrew Cuomo.
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1 week ago |
bisnow.com | Ciara Long
The sale of an RFR loan on an Upper East Side building has given the embattled Manhattan owner respite from a pending foreclosure. 404 E. 76th St., one of the assets backing a $10.5M loan sold by Blackstone Group to Meadow Partners this week. Meadow Partners bought a $10.5M loan backed by three condo units at 404 E. 76th St. and the adjacent building at 1460 First Ave. from Blackstone Group, PincusCo reported. But Blackstone didn’t make the initial loan.
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1 week ago |
bisnow.com | Ciara Long
Cohen & Steers believes that the time is ripe for a comeback for the West Coast’s beleaguered office market. The global asset manager invested $300M on behalf of its clients in Hudson Pacific Properties, a real estate investment trust focused on West Coast office properties and film studio space. HPP announced last week it was looking to sell $600M in a public stock offering, and Cohen & Steers bought up 43% of the available shares.
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2 weeks ago |
bisnow.com | Ciara Long
Ashkenazy Acquisition Corp. has raised $750M to go after new acquisitions after losing several of his most iconic properties to lenders. Barneys once occupied nine floors at 660 Madison Ave. Ben Ashkenazy, the billionaire founder of the New York-based real estate firm, described the market in a rare interview with Crain’s New York Business as “the most attractive I’ve seen in a long time.”Ashkenazy Acquisition Corp.
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RT @DavidFBrand: The Rent Guidelines Board just met for their "re-vote" on the new range they'll consider for the next increase on 2-year l…
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Election Day is a month away and New York — where Republicans flipped 4 seats in 2022 — is a battleground state for House control. I looked at hundreds of campaign contributions to figure out how landlords and developers want the race to go: https://t.co/WAiZdUwHCD
