• A Brooklyn dealmaker’s legal avalanche ,
The Real Deal

    A Brooklyn dealmaker’s legal avalanche 

    Brooklyn dealmaker Bert I. Dweck is staring down a legal avalanche that reads less like a routine business dispute and more like a slow-motion collapse. Dweck, of Dweck Group, faces seven lawsuits in New York state court seeking at least $14.4 million over allegations that include unpaid loans, dive

    MORE

  • No profit, no project: Reynoso tries to demystify
development,
The Real Deal

    No profit, no project: Reynoso tries to demystify development

    A basic fact not well understood by the public and politicians is that developers must raise money for their projects — and cannot if the expected return doesn’t compensate for investors’ risk. In other words: No profit, no project. One elected official who gets it is Brooklyn Borough President Anto

    MORE

  • “It’s going to hurt”: NYC resi players push back on proposed
cash sales tax,
The Real Deal

    “It’s going to hurt”: NYC resi players push back on proposed cash sales tax

    Cash is king in New York City residential real estate, and could spell the next frontier for state lawmakers looking to levy new taxes.  News circulated on Thursday that New York legislators have been considering a tax on homes in the five boroughs bought for $1 million or more without financing, a

    MORE