Rudin finishes filling 345 Park with 70K sf lease
A lease from Los Angeles-based Capital Group brought 345 Park Avenue to full occupancy, a year on from a tragedy at the building that shook the real estate industry. The global investment management firm signed a lease for 70,000 square feet at the Midtown office tower, the Commercial Observer repor
Josh Schuster sentenced to 4 years federal prison for $13M Ponzi scheme
Josh Schuster has been sentenced to four years in federal prison for orchestrating a $13 million Ponzi scheme. The disgraced developer was also ordered to three years of supervised release on top of the prison stint, U.S. District Judge Valerie E. Caproni issued in a Tuesday hearing in the Southern
AG James hits SME Capital over neglected Hudson Yards condos
Lender SME Capital Ventures, which took control of a luxury Hudson Yards condo building at 441 West 37th Street in a foreclosure auction, will pay more than $700,000 to settle a case brought by Attorney General Letitia James alleging neglect and unpaid fees. The deal requires SME to pay a more than
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