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The selection ofPenn Transformation Partners, helmed byHalmar International, marks a decisive turn in the long-troubled redevelopment of Penn Station—a project now squarely under federal control. The move follows a Senate hearing that exposed New York state’s struggles to manage the sprawling undertaking, culminating in …
The 5,000-square-foot deal at 44 Wall Street—once the home of the Bank of New York—signals that prime ManhattanAssetsremain magnets for marquee tenants, even as softer leasing conditions persist elsewhere in Midtown. Elecor Properties’ Peter Brindley, EVP, confirmed the lease on LinkedIn, framing the move …
New York City’sCommercial Real Estatesector remains mired in a deep slump, with vacancies at 22.7% in the first quarter of 2026, according to CBRE data—nearly double the pre-Pandemicnorm. Yet the State of California’s decision to lease 20,000 square feet at 1180 Avenue of the …
Wholesale mortgage lenders are accelerating the shift from balance-sheet lending to technology-enabled distribution, and MortgageOne TPO’s integration with ARIVE—announced on May 20, 2026—epitomises the trend. Pathway, the new Community Development Financial Institution (CDFI) loan program underwritten by MortgageOne TPO, explicitly targets borrowers who struggle …
Toll Brothers Inc (NASDAQ: TOL) has signalled confidence in America’s high-end housing market, lifting its 2026 delivery outlook to 10,400–10,700 homes—up from prior expectations—despite broader economic uncertainty. The guidance, disclosed in its latest investor update, suggests that wealthy buyers remain undeterred by higher interest …
Shirley Aninias School’s (SAS) decision to lease 23,000 square feet at 30 Wall Street—its largest single transaction in the building’s history—is more than a real-estate milestone; it is a bet on the enduring value of adaptive reuse in a market where traditional office demand …
Student housing has long been a niche segment of the commercial real-estate market, often overlooked in favor of multifamily or officeAssets. Yet its appeal has surged in recent years as universities expand enrollment, international student flows remain robust, and parents increasingly prioritize safety and …
The American housing market is undergoing a quiet revolution. With the average 30-year fixed mortgage rate hovering near 7%, a growing number of borrowers are eschewing traditional financing in favor of unconventional structures—chief among them, land leases. Bayview Asset Management’s recent offering—a 50-year land …
The U.S. House of Representatives has handed a lifeline to institutional investors in the fast-growing build-to-rent (BTR) sector, approving a bipartisan housing bill that drops a contentious provision requiring them to sell properties after seven years. The original Senate version of the ROAD to …
Midtown Manhattan’s beleaguered office market has seen vacancy rates hover near 20%, with sublease space piling up and rents under pressure. Yet 787 Seventh Avenue—a 1.2m sq ft, Class A tower owned by CommonWealth Partners—stands out as a magnet for prestige tenants. Willkie Farr …
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