Buckling ex-Pfizer HQ hit with multiple DOB violations last year
The former Pfizer headquarters at 235 East 42nd Street in Midtown Manhattan, where structural columns buckled on its 21st floor this morning leading to concerns of collapse, generated seven construction safety violations in 2025 with more than $32,000 in penalties. The city’s largest planned office-
Namdar Group grabs additional financing in Jersey City
The Namdar Group will not be deterred from building in Jersey City, or scoring the requisite financing to do so. Joel Namdar’s company secured $180 million in debt from Affinius Capital for its project at 35 Cottage Street in the Journal Square neighborhood, the Commercial Observer reported. The pro
Prana Investments’ NYC multifamily portfolio faces 14 foreclosure lawsuits
Prana Investments‘ bet on rent-stabilized properties in New York City is turning into a disaster. The San Francisco-based firm faces at least 14 foreclosure lawsuits against its 550-unit multifamily portfolio in the Bronx and Upper Manhattan. Three lenders filed lawsuits in New York State courts in
Categories
Recent Posts
