Sasha Jones

1 week ago | bisnow.com | Sasha Jones

Silverstein Properties’ Manhattan casino proposal has landed Hyatt as its hospitality brand partner. The 1,000-key luxury hotel, known as The Avenir, would be managed under The Destination by Hyatt brand, the companies announced Friday. Rush Street Gaming and Greenwood Gaming and Entertainment are also involved in the joint venture pushing for the right to develop a more than $1B casino project.

1 week ago | bisnow.com | Sasha Jones

President Donald Trump has issued a permit to build a $10B freight system on the Texas border. The guideway would travel between Laredo, Texas, and Monterrey, Mexico. The 165-mile guideway, to be built by Texas-based Green Corridors, would allow autonomous shuttles to travel between Laredo, Texas, and Monterrey, Mexico. Four cross-border terminals spanning 100 acres each would be constructed to support the corridor, The Wall Street Journal reports.

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.

2 weeks ago | bisnow.com | Sasha Jones

New York City Mayor Eric Adams has struck a tentative deal to increase the amount of affordable housing Related Cos. and Oxford Properties would build as part of the $12B second phase of Hudson Yards, clearing a path for the completion of the largest private real estate development in U.S. history. The $12B development of the Western Rail Yards is the second phase of Related's Hudson Yards.

2 weeks ago | bisnow.com | Sasha Jones

WeWork emerged from its nine-month Chapter 11 restructuring one year ago as a private company free of debt. To get there, it had to undergo a massive purge — of both its real estate and its reputation. In making itself synonymous with coworking, the company had become bloated. At its 2019 peak, less than a decade after its founding, WeWork operated 850 locations. Its rapid growth was fueled by a SoftBank investment that valued the company at $47B and a controversial CEO.