Simad’s summer camps prove a bankruptcy gold mine, fetch $368M
Forget AI-leased data centers. Summer camps are emerging as one of real estate’s hottest asset classes. Simad Holdings, which owns 30 summer camps across the country, was forced to auction off much of its portfolio after the company filed for bankruptcy earlier this year. The result suggests that t
Gotlib’s Black Spruce sued for 421a rent hike
A new lawsuit alleges Josh Gotlib’s Black Spruce Management overcharged lease renewals at a Murray Hill development to the tune of more than $20 million, despite receiving a tax exemption that limited rent increases. Six tenants at The Copper, a pair of conjoined luxury high-rises at 626 First Aven
Beechwood bringing flexible flavor to former TGI Friday’s
Michael Dubb wants snowbirds to get a load of what he has planned for the former home of Loaded Potato Skins. The Beechwood Organization is planning a 90-unit project at 829 Merrick Avenue in Westbury on Long Island, Newsday reported. The site formerly housed a TGI Friday’s, which closed in 2024 and
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