Articles
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5 days ago |
crainsnewyork.com | Natalie Wong |Ava Benny-Morrison
The heirs to Sol Goldman’s real estate fortune are taking a new step in their battle over a property empire worth more than $1.7 billion. One of Sol’s daughters, Amy Goldman Fowler, and a grandson, Steven Gurney-Goldman, asked a New York court to remove two of Sol’s daughters, Jane Goldman and Diane Goldman Kemper, as executors of the estate of Lillian Goldman, Sol’s wife who died more than two decades ago.
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2 weeks ago |
news.bloombergtax.com | Natalie Wong |Prashant Gopal |Norah Mulinda
President Donald Trump’s announcement that he’s weighing a public offering of US mortgage giants Fannie Mae and Freddie Mac sent their shares soaring, extending gains this year for hedge funds and other investors to almost $50 billion. But for US homebuyers, taking the entities public comes with risks that threaten to add more than $40,000 in costs to the typical borrower over the lifetime of the loan.
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2 weeks ago |
news.bloomberglaw.com | Natalie Wong |Prashant Gopal |Norah Mulinda
President Donald Trump’s announcement that he’s weighing a public offering of US mortgage giants Fannie Mae and Freddie Mac sent their shares soaring, extending gains this year for hedge funds and other investors to almost $50 billion. But for US homebuyers, taking the entities public comes with risks that threaten to add more than $40,000 in costs to the typical borrower over the lifetime of the loan.
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2 weeks ago |
news.bloomberglaw.com | Christopher Palmeri |Natalie Wong
Wynn Resorts Ltd. is dropping its pursuit of a casino license with Related Cos. in New York, citing a rezoning process and local opposition that makes the opportunity less attractive. Related and Oxford Properties, which owned the Manhattan site, are now overhauling their pitch for the area on the western side of Hudson Yards, according to a statement Monday.
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2 months ago |
crainsnewyork.com | Natalie Wong |Josh Saul
New York property developer The Related Cos., known for its work building Hudson Yards, is betting big on demand for data centers with a new business to invest in the infrastructure for artificial intelligence and hyperscale technology firms. Related is seeking to raise as much as $8 billion in capital for the venture, called Related Digital, according to a statement Thursday.
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