A Midtown developer trio lost a pair of towers on Seventh Avenue in a foreclosure or lender action, per The Real Deal. therealdeal.com
Olnick landed a $171 million loan to refinance or redevelop Lenox Terrace in Harlem, The Real Deal reports. therealdeal.com
A new state bill would let tenant unions sue landlords directly over conditions, which could reshape how owners schedule capital repair work, per The Real Deal. therealdeal.com
Crain's argues New York needs to loosen local land-use veto power to unlock more housing construction. crainsnewyork.com
Bisnow reports hotel developers expect to capitalize on a supply-constrained New York City market with new projects. bisnow.com
Fast Company examines how a recent NYC construction scare is complicating the push to convert offices into housing. fastcompany.com
Commercial Observer looks at how Brooklyn's traditional development playbook is breaking down under new market pressure. commercialobserver.com