The Daily Dirt: Is AI the office market’s best friend or biggest threat?
Recent first-quarter earnings from CBRE, Newmark and JLL told a story the office market has been waiting to hear: business is good again. All three commercial brokerages reported one of their strongest quarters since the pandemic downturn, fueled in large part by AI companies gobbling up space in Ne
For co-ops, pied-à-terre tax leaves more questions than answers
This story gives you a peek at the content coming to our new platform, TRD Policy Pro. Sign up to get early access here. New York lawmakers have chased a tax on high-priced second homes for over a decade. A pied-à-terre tax nearly crossed the finish line in 2019 — until political momentum evaporated
MAG, Global Holdings plot Hudson Square resi tower
MaryAnne Gilmartin and Eyal Ofer are teaming up in Hudson Square. MAG Partners and Global Holdings signed a ground lease for Trinity Church’s property at 122 Varick Street, the Commercial Observer reported. Details of the long-term ground lease were not disclosed; Cushman & Wakefield’s Kevin Donner
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