PolicyPro: Development deals hit Council roadblock, new charter commission eyes housing rules
This story gives you a peek at the content coming to our new platform, TRD Policy Pro. Sign up to get early access here. Hey there, let’s get into today’s news at the intersection of policy and real estate: In this edition we mention: City Council member Lincoln Restler, Gotham President of Developm
Rotem Rosen nabs $135M in Israeli bond financing for NYC hotel, Miami site
The Israeli bond market spigot has turned back on. Rotem Rosen’s MRR Development secured $135 million from the Israeli bond market to refinance its Hotel Indigo on New York City’s Lower East Side and a development site in Miami. MRR secured the financing at an interest rate of 6.2 percent, filings
Gary Barnett’s next Midtown move?
Is Gary Barnett at it again? A Midtown office building that the Extell principal has been eyeing for his growing assemblage has been hit with a pre-foreclosure suit filed by a construction company that has previously partnered with Barnett. An entity tied to construction company JT Magen has filed f
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