Lawsuit forces sale of trio of Manhattan apartment buildings

The city has filed a lawsuit against the Torkian Group, accusing it of participating in an illegal short-term rental scheme that involved three large Manhattan apartment buildings and earned nearly... To view the full story, click the title link......»»

"These two income-generating properties are located in an area with high demand," said the firm that arranged the sale......»»

At 26 stories and 318 feet, the recently opened apartment tower at 123 Linden Blvd. looms large over its slice of Brooklyn. Few buildings in the area make it much past 7 stories—and starting on 123... To view the full story, click the title link......»»

New taxes on high-end real estate appear to be taking a bite out of the city's luxury market. Manhattan apartment sale prices fell to their lowest level in four years in the third quarter of this... To view the full story, click the title link......»»

A group of ten tenants in three rent-regulated Brooklyn apartment buildings have filed a lawsuit accusing their landlords of harassing them, denying heat and hot water, and creating dangerous living... To view the full story, click the title link......»»

Six years after Extell Development signed a 99-year, $35 million ground lease for a run of East Village storefronts, it has begun marketing what will be a trio of apartment buildings. The strip on... To view the full story, click the title link......»»

Officials say a new 42-story rental development in Manhattan boasts more than 1,000 units, making it one of the largest apartment buildings in the city. The Max is located in the Hell's Kitchen... To view the full story, click the title link......»»

Readers are probably aware that Manhattan housing prices are falling. Yet the cost of owning an apartment is rising. Let's say you want to buy a co-op or condo unit and can afford the median sale... To view the full story, click the title link......»»

TE Miller LLC and Solhem Cos. sold two apartment buildings in the North Loop for a combined $71 million......»»

The city gave the green light Wednesday to a trio of large apartment towers planned for the Two Bridges neighborhood in Manhattan. The move is expected to deliver thousands of sorely needed... To view the full story, click the title link......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The developer has agreed to leave three historic buildings adjacent to the construction site untouched......»»

In 2018, the odds of winning the affordable housing lottery were 1 in 592, per The New York Times. The living room is bright and airy.Nkenge BrownA millennial woman won the New York City affordable housing lottery after applying for two years......»»

The foreclosure comes as the value of office buildings has plunged amid higher vacancies. Elevated interest rates have also weighed on prices and ma.....»»

Meanwhile, a San Francisco supervisor plans to introduce legislation Tuesday that would excuse small businesses from paying rent when required to shut down under pandemic health orders......»»

Federal prosecutors raided Giuliani's Manhattan home and office in April in connection with a criminal probe into Giuliani's dealings in Ukraine. Fo.....»»

Human rights groups have also said Hamas firing rockets into civilian areas in Israel amounts to a war crime. Heavy smoke and fi.....»»

A Port KC committee on Monday recommended sale agreements with unidentified apartment and hotel developers in the Berkley Riverfront area......»»

The latest building in the massive Manhattan Harbour development along the Ohio River is welcoming residents during a busy spring leasing season......»»

Decron Properties owns buildings in California and Washington, and is planning to ramp up its Phoenix presence......»»