NYC developer in hot pursuit of Albany data center
Even as a data center moratorium sits on Gov. Kathy Hochul’s desk, awaiting a signature, a zoning change could push forward a development right in the state capital. EKG Group’s Michael-Henry Elghanian-Krayem is pushing to rezone into the “light industrial” classification at the Kenwood Commons site
Landlord targeted by Mamdani facing foreclosures on $36 million in loans
A New York landlord targeted by Mayor Zohran Mamdani is facing tens of millions of dollars in foreclosure cases. Rajmattie Persaud is connected to four foreclosure cases tied to about $36 million in loans from the former Signature Bank, according to complaints filed this month in Queens County Supr
Final full-floor condo at 565 Broome tops Manhattan contracts
A deal for a full-floor residence at 565 Broome Street topped Manhattan’s luxury contracts, inching out a former Victoria’s Secret CEO’s townhouse. The contract was one of 27 signed for homes asking at least $4 million between June 22 and June 28, according to a report from Olshan Realty. Buyers sig
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