
Lonicera, Rabina refinance DoBro luxury multifamily project
A finish line is in sight for Lonicera Partners and Rabina at House 55. The joint venture secured $226 million in debt to refinance their luxury multifamily project at 55 Willoughby Street in Downtown Brooklyn, the Commercial Observer reported. Affinius Capital provided the bridge debt, which will s

Why Hochul won’t be bullied by socialists on real estate issues
Pessimists have been worried that after the election, Mayor Zohran Mamdani and a larger-than-ever contingent of socialists would drag Gov. Kathy Hochul to the left on measures like statewide rent stabilization. But the pessimists are wrong. Hochul utterly crushed her Republican challenger, Nassau Co

50% of Recent Homebuyers Can’t Afford Their Mortgage
50% of recent homebuyers can’t sustain their mortgage payments at these current rates. Wait…what? A new survey found that homeowners who purchased in the last two years are having a […]
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