
Former Hudson Yards hotel sold in foreclosure auction
A 12-story property in Hudson Yards previously owned by Solly Assa changed hands at a foreclosure auction, inviting speculation over the next iteration of the building. Investment banker Capital Insight acquired 511 Ninth Avenue through a foreclosure auction through a credit bid at a price between $

Borough Developers buys site for trio of 99-unit DoBro buildings
Borough Developers is ready to bring the next set of 99-unit buildings to New York City after buying a Downtown Brooklyn site. Shimon Kleinman’s firm purchased the Bridge & Fulton Development Site from ICER Real Estate for $83.5 million, the Commercial Observer reported. The site consists of 485 Ful

Don’t Buy a House Hack Until You’ve Checked These Numbers (Rookie Reply)
Investing in your first house hack but not sure whether the deal makes sense in the long run? House hacking is the way most rookies get started in real estate, […]
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