Citywide ballot measures pitch faster permitting, procurement
The Mamdani administration’s independent charter review panel, dubbed the Commission on Government Efficiency, plans to propose ballot measures aimed at overhauling how the city handles permitting and procurement processes. COGE will propose that voters decide whether the city should establish a cen
295 Fifth Ave owners push for revival with refinancing
A landlord trio secured more than $200 million in fresh debt following the renovation of their 19-story Midtown South office building. PGIM, Tribeca Investment Group and Meadow Partners landed a $228.9 million loan to refinance 295 Fifth Avenue, otherwise known as the Textile Building, the Commercia
Turret takes over debt on troubled Upper East Side condo buildings
David E. Dweck’s Turret Equities has acquired distressed debt tied to two Upper East Side condo buildings with a checkered ownership history. The buildings, 184 East 64th Street and 227 East 67th Street, have been owned by multiple people accused or convicted of fraud over the past decade. Their cur
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