Natalie Wong

2 weeks ago | crainsnewyork.com | Natalie Wong |Natalie Wong

The owner of 85 Broad St., a former Goldman Sachs Group Inc. headquarters in downtown Manhattan, is in default on the tower’s mortgage, according to people familiar with the matter. The $359 million loan was transferred to special servicer CWCapital Asset Management to determine a workout plan, said the people, asking not to be named discussing private details.

3 weeks 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.

1 month 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.

1 month 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.

1 month 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.